RCBC Securities, Inc., (RSEC) is the stockbrokerage unit of Rizal Commercial Banking Corp. (RCBC), the Philippines’ fifth largest private commercial bank and a member of the Yuchengco Group of Companies. RCBC Securities is a 100%-owned subsidiary of RCBC Capital Corporation, which in turn is 100%-owned by RCBC.

The company was established in August 1973 as Pacific Basin Securities Company, Inc., and changed its name to RCBC Securities, Inc. on July 20, 1995. It is engaged in the trading of listed securities, both through traditional means and on-line, and in providing free corporate and market research.

Strong Points

•          Long track record of operations.

RSEC has been in the stockbrokerage business for almost four decades, having started in 1973.

In 1998, RSEC completed the full computerization of its backroom operations.

In 1999, RSEC became the first bank-owned stockbrokerage in the Philippines to offer an online stock trading service. The service, called RCBC eztrade, allowed clients the convenience to post buying and selling orders on their own at the lowest possible commission rate. To market the facility, RSEC partnered with the Philippine Stock Exchange Education committee in conducting stock market seminars for small investors from 1999 to 2001.

•         Support from RCBC Capital, Rizal Commercial Banking Corp. and the Yuchengco Group of Companies (YGC)

RCBC Securities is a 100%-owned subsidiary of RCBC Capital Corporation, which in turn is 100%-owned by RCBC.

Parent company RCBC Capital Corporation was established in 1974 originally as Philippine Pacific Capital Corporation. It is engaged in the underwriting of debt and equity securities, treasury operations, financial advisory and consultancy services, project financing and stock market services.

Ultimate parent Rizal Commercial Banking Corp. was established by Ambassador Alfonso T. Yuchengco in 1960 and has become the fifth largest private universal bank in the Philippines with $7.85bn in resources as of end-2011 and a market capitalization of $1.2billion.

The bank obtained central bank authority to operate as an expanded commercial bank in 1989, allowing it to engage in non-allied businesses.

Significant equity investors include the World Bank’s International Finance Corporation, as well as CVC Capital Partners, one of the world’s largest private equity funds.

Meanwhile, RCBC is part of the Yuchengco Group of Companies, which include under its umbrella diverse business interests such as insurance, education, property leasing & management, construction, geothermal power generation and oil mining.

•      Ranking and financial condition

In 2011, RCBC Securities, Inc. ranked 19th out of 184 brokers in terms of value of shares traded, with transactions amounting to Php39.18bn ($904.6mn).

The company’s stockholders’ equity stands at Php400mn ($9.5mn), making it one of the highest-capitalized stockbrokerage firms in the country.

•          Experienced management team

RSEC’s management team consists of investment banking and stockbroking professionals, each with at least 20 years of industry experience. .

·         Company Vision

To be the preferred securities brokerage house in the Philippines with the support of Rizal Commercial Banking Corporation and the Yuchengco Group of Companies. .

·         Company Mission

RCBC Securities shall put the interest of its customers first by providing superior service.

RCBC Securities shall strive towards excellence and maintain conservative policies upholding honesty, integrity and diligence, thereby contributing to the nation’s capital markets development..