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The bank was established by Alfonso Yuchengco on September 23, 1960, as Rizal Development Bank, a small development bank in Rizal province. [13] It was later upgraded to a commercial bank upon the approval of the Bangko Sentral ng Pilipinas and, in 1963, began operation as such under its present name Rizal Commercial Banking Corporation (RCBC).
The RCBC Plaza is the home of Rizal Commercial Banking Corporation (RCBC), as well as the Yuchengco Institute for Advanced Studies (a partnership between RCBC and De La Salle University Professional Schools) and Yuchengco Museum. [13] [14] It also houses the Carlos P. Romulo Auditorium, an auditorium with a capacity of 450 seats. [15]
RCBC may refer to: Rizal Commercial Banking Corporation known as RCBC Bank; Royal Connaught Boat Club; Robinson College Boat Club; Rowan College at Burlington County
Rowan College at Burlington County (RCBC) is a public community college in Burlington County, New Jersey. Main facilities are located in Mount Laurel , with other campuses in Mount Holly , McGuire AFB/Joint Base , and formerly Pemberton and Willingboro .
REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.