RCBC eyes 15% AUM growth this year

Rizal Commercial Banking Corporation (RCBC) Trust aims to grow its assets under management (AUM) by 10 to 15 percent for the full year, following a 14 percent expansion in the first quarter.

The firm’s AUM reached P186 billion as of end-March 2025 which RCBC attributed to technological enhancements to its mobile app RCBC Pulz.

“Clients want intuitive and seamless access. We are creating a digital investment boutique where all should be in one space, whether you want corporate bonds, government securities, or time deposits,” said RCBC Trust president and chief executive officer Robert Ramos.

Enabling acquisition of additional income

RCBC Pulz enables clients to acquire additional income through unit investment trust funds, mutual funds, and fixed-income securities. Key information about risks and historical performance of the investment tools is provided in the app.

Ramos said the bank will continue to cater to high net-worth individuals, institutional accounts, and services like estate planning and investment advisory.

With the global campaign for faster environmental efforts to mitigate climate change, Ramos said that a growing number of clients have been seeking investments aligned with the bank’s environment, social, and governance framework or sustainability program.

Sustainability bonds

RCBC recently announced its issuance of fixed-rate peso-denominated sustainability bonds worth at least P3 billion after boosting loans for renewable energy projects by 80 percent to P52.7 billion last year from P28 billion in 2023. The bank targets to phase out coal financing by 2031.