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You are here: Home News Blog Philippines News Blog Moody's sees RCBC bad assets sale, equity infusion as credit positive

Moody's sees RCBC bad assets sale, equity infusion as credit positive

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Rizal Commercial Banking Corp's (RCBC) sale of its soured assets and new equity infusion from the International Finance Corp (IFC) is a credit positive, allowing the Yuchengco-owned lender's asset quality to be on a par with bigger banks, Moody's Investors Service said on Monday.


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