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RCBC Credit Cards (previously RCBC Bankard (PSE: BKD)) is one of the largest credit card issuers in the Philippines, issuing VISA, MasterCard, JCB and UnionPay (CUP) credit cards. In the 1990s, they also issued their line of credit and debit cards.
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).
On May 16, 2008, a branch of the Rizal Commercial Banking Corporation (RCBC) in Cabuyao, Laguna, Philippines was robbed. It is described as the worst bank robbery in Philippine history. [ 4 ]
On June 17, 1950, Equitable Banking Corporation was founded by Go Kim Pah [1] as the first commercial bank in the Philippines, licensed by the newly formed Central Bank of the Philippines (now Bangko Sentral ng Pilipinas). Other commercial banks like Bank of the Philippine Islands were formed and licensed during the Spanish or American regimes ...
Bankard, one of the largest credit card issuers in the Philippines (stock symbol BKD) Bharatiya Kranti Dal, an Indian political party active from 1967 to 1977; BKD, LLP, one of the largest U.S. accounting and advisory firms; BKD tree, a tree data structure for subdividing a k-dimensional search space in computer science
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At the time, Phil Commercial & International Bank (PCIB) - Bankard, Citibank, Rizal Commercial Banking Corporation, and Unicard were major issuers of both branded and proprietary credit cards. In the early 1990s, there was a dramatic increase in credit card issuance and the member banks needed a way to expand without expending much capital.