Rizal Commercial Banking Corporation

OPERATIONAL HIGHLIGHTS

Corporate Banking

Consistent with the growth in the economy and the prevailing expansion mode among local companies across various industries, RCBC's corporate banking business significantly increased in 2007. The Corporate Banking Group (CBG) provides a wide range of corporate financial services mostly for the investment and financing requirements of its corporate clients. The CBG works with its clients toward mutually beneficial transactions that contribute to a deepening of relationships beyond just the client's credit requirements. The relationships that the account officers in CBG build set a platform to promote both banking and non-banking products and services of the YGC, providing a complete range of financial services.

In 2007, the CBG increased its corporate loan portfolio by 36.7% as CBG actively pursued key deals in the market.

CBG was involved in several refinancing activities of top local companies, which all took advantage of opportunities brought about by the prevailing low interest rates in the market. The year also saw the bank increasing its exposure to major and dominant market players like the Ayala Group, Filinvest, and the SM Group. RCBC also supported noteworthy real estate projects under the Medium-High Rise Building Program of Pag-Ibig. The group was also active in several loan syndications during the year involving First Pacific Group, San Miguel Corporation, and Robinson's Land Corporation, to name a few.