RCBC Wins The Enterprise Epoch Awards, named “Bank of the Year – 2023”

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RCBC Wins The Enterprise Epoch Awards, named “Bank of the Year – 2023”

Leading the Way Toward a Greener, More Sustainable Future for the Philippines

Seattle, [25-03-2023] — We are pleased to announce that RCBC, Philippines has been recognized as the Bank of the Year – 2023, by The Enterprise. Following a meticulous evaluation process by a panel of industry experts and thought leaders, winning The Epoch Award stands as a testament to RCBC’s unwavering commitment to sustainability, digital innovation, and financial inclusion, marking a significant milestone in the bank’s journey toward innovation and excellence in the Philippines’ banking industry.

RCBC’s recognition as the Bank of the Year underscores its pivotal role in championing sustainability initiatives and leveraging digital innovation to bridge the gap between traditional banking and underserved communities. The Epoch Award acknowledges RCBC’s pioneering efforts in reshaping the banking landscape in the Philippines, particularly through groundbreaking initiatives like the MoneyBela Barangayan Banking, the country’s first phygital (physical-digital) blended banking service, and innovations like ATM Go, the Philippines’ first grassroots-based, bank-agnostic, and last-mile automated teller machine, Pulz, the country’s most advanced and all-in-one mobile banking app, and DiskarTech, the world’s first multilingual financial inclusion super app.

“Embracing sustainability is not just a choice; it’s our responsibility as a financial institution to contribute to a more sustainable future,” notes Eugene Acevedo, RCBC CEO. “We are the first Philippine bank or even in Asia to cease funding for new coal power plants, redirecting our investments towards renewable energy and green initiatives that align with our values and principles.”

RCBC continues to set the standard for sustainable banking excellence in the Philippines through its focus on financial inclusion, digital innovation, and delivery of exceptional banking services to their customers.

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About The Enterprise:
The Enterprise is a leading American business news publication that delivers extensive reportage of corporate, economic, financial, market, and technology news from around the world. Visit to explore daily national, international & business news, track market movements, and read succinct coverage of significant events. The Enterprise is a preferred platform for senior business leaders and decision-makers.

About The Enterprise Epoch Awards:
The Enterprise Epoch Awards seeks to discover, recognize, and empower organizations and industry leaders in their journey to achieving transformation success through initiatives that pursue excellence.

About RCBC:
RCBC has rapidly ascended as the country’s fastest-growing bank, soaring from eighth place in 2018 to fifth in 2022 among the top privately-owned universal banks in terms of assets. Its numerous global and local accolades include four consecutive awards as the Philippines’ Best Bank for Digital by Asiamoney and The Asset Triple A Digital Awards, along with the prestigious Eye on Innovation Award by Gartner. Additionally, RCBC has been honored with the YouTube Challenger Award for its innovative digital ad campaigns, amassing over 17 million views combined. The bank has also been crowned Grand Champion for Digital Payments and Financial Inclusion by the Bankers Institute of the Philippines and ranked Number 1 in the Philippine Best Customer Service 2023 survey by the Philippine Daily Inquirer and global research firm Statista. Furthermore, RCBC boasts the top position in system uptime, as affirmed by a regional bank study conducted by Brankas.

For inquiries, please contact:
[Name] Jeniffer Alagar | [Phone] 639171248943 | [Email] jcalagar@rcbc | [Website] www.rcbc.com