RCBC to zero out exposure in coal-fired power plants, soon to close deals in RE | VG Cabuag - BusinessMirror


3/30/2022 12:00:00 AM3 years 1 month ago
by VG Cabuag

RIZAL Commercial Banking Corp. (RCBC) announced last Wednesday it is set to zero out its remaining existing exposure on coal-fired power plants by 2031. The Yuchengco-led bank said the move is consistent with its earlier announcement to cease funding of new c…

RIZAL Commercial Banking Corp. (RCBC) announced last Wednesday it is set to zero out its remaining existing exposure on coal-fired power plants by 2031. The Yuchengco-led bank said the move is consi… [+1711 chars]

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