RCBC updates financing standards

Mar 06, 2024 12:27 am

RIZAL Commercial Banking Corp. (RCBC) has modified its sustainable finance framework to conform with existing global standards.

The Yuchengco-led bank said on Tuesday that the adjustments conformed with Securities and Exchange Commission (SEC) guidelines on eligible 'blue' projects — those focusing on ocean and water sustainability — and International Finance Corp. (IFC) guidelines for blue finance.

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