The Rizal Commercial Banking Corporation (RCBC) is the Philippines’ Best Digital Bank in the recently concluded 15th Alpha Southeast Asia’s Best Financial Institution Awards 2021.
RCBC is among the 12 awardees from the Philippines, besting several other competitors for the said category. This is the second-Best Digital Bank in the Philippines award from Alpha Southeast Asia for RCBC after the bank also won the same recognition last year.
Alpha Southeast Asia is the only institutional investment and transactional banking magazine focused on Southeast Asia. The magazine produces articles on Southeast Asia for Europe and US-based investors and other investors based across the region. On its 15th year, the awards focused on how banks, brokers, and other financial institutions have managed to their liquidity and capital positions robust, embracing fintech and accelerating the digital shift amid the COVID-19 pandemic. These factors on top of the annual performance make this year’s awards more in-depth with a tighter eligibility rule for the participants.
“We are honored to have been hailed as the best digital bank in the Philippines by the Alpha Southeast Asia Awards for two consecutive years now. The COVID-19 pandemic is bringing out the best in the industry players, and we believe this is a good time to combine our efforts in order to promote digital acceleration and financial inclusion at the same time. We hope to inspire and lead by example not only in our country but in the region as a whole,” said Eugene Acevedo, President and CEO of RCBC.
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