Company Profile >> Parent Company and Group Profiles >> Management Team >>

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.

To be the best Philippine internet brokerage firm by: (1) Pioneering in its link-up of clients to the stock exchange floor via the extranet; (2) maintaining a dynamic website which offers real-time, online trading and investment information; and (3) being at the forefront of developments in technology to continuously enhance service quality to its customers.

Mission

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

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

Company Profile
Name : RCBC Securities, Inc.
(Formerly Pacific Basin Securities Company, Inc.)
   
100% owned by RCBC Capital Corporation which is in turn 100% owned by Rizal Commercial Banking Corporation, universal bank belonging to the Yuchengco Group of Companies.
Address : 7F Yuchengco Tower, RCBC Plaza, 6819 Ayala Avenue, Makati City Philippines
Member : Philippine Stock Exchange Inc.
Date of Incorporation : August 20,1973
Date of change in name : July 20,1995
 

Board of Directors and Officers
Chairman : Raul M. Leopando
Directors : Jerome A. Tan

  Jose Luis F. Gomez
  Eduardo S. Lopez, Jr.
  Atty. Teodoro Peña
   
Officers  

 
General Manager : Jerome A. Tan
Treasurer : Jose Luis F. Gomez
Corporate Secretary : Atty. Samuel V. Torres
Assistant Vice President : Rhodora A. Alberto - Head of Operations
Assistant Vice President : Lourdes Celestial G. Dipasupil - Head of Research
Manager :

Jeanny L. Revilla - Compliance Officer/Associated Person/Risk Control
Assistant Manager   Simeon A. Lorica, Jr. - Sales , Head Floor Trader
 

  Parent Company and Group Profile
 
RCBC Capital Corporation

RCBC Capital Corporation, formerly known as the Philippine Pacific Capital Corporation, is one of the country's oldest investment houses having been established in 1974 by Rizal Commercial Banking Corporation ("RCBC"), China Banking Corporation, Nomura Securities, Sanwa Bank and Mitsui Bank. it is one of the first investment houses to be established under P.D. 129, otherwise known as the Investment Houses Law. In 1984, Nomura Securities and Mitsui Bank, sold their interests to RCBC and China Bank, while Sanwa's interest in RCBC Capital was absorbed by RCBC. In 1993, China Bank sold their interests to RCBC making the investment house 99.5% owned by the bank. A timely development, it allowed the formation of a strategic alliance between the two institutions especially at a time when the Philippine capital market was very bullish. RCBC Capital Corp. is engaged in the underwriting of debt and equity issues, treasury operations, financial advisory and consultancy services, project financing and stock market services along with its subsidiary RCBC Securities, Inc. With the return of interest in the capital market as well as continuous reforms in the industry, RCBC Capital Corp. has emerged as one of the top investment houses in the industry. In 1996, it was ranked 2nd in terms of underwriting business by Asiamoney, an international business magazine.

Rizal Commercial Banking Corporation

Established by Ambassador Alfonso T. Yuchengco in 1960, Rizal Commercial Banking Corporation ("RCBC") has become the sixth largest "private" local universal bank in terms of total assets in the Philippines. In 1989, RCBC was granted a license to operate as an expanded commercial bank, more commonly known as a universal bank. Its key strengths include its alliance with Sanwa Bank of Japan, which came in as an equity partner in 1973. Sanwa increased its stake to 25% from the original 10% in 1984. From corporate banking, RCBC took its first big step towards consumer banking at a time when economic growth was spurred largely by consumer spending. 1995 witnessed RCBC embarking on a Re-engineering Program to sharpen the bank's competitive edge against a fast-growing number of commercial and foreign banks. The program focused on business and process re-engineering. RCBC Savings Bank was established in 1996 in line with the bank's strategic move to expand into consumer and retail banking. In 1997, the Monetary Board and Securities and Exchange Commission approved a P4.5 billion capital build-up program - a P2 billion stock rights offering and a P2.5 billion additional public offering. In 1998, RCBC signed an agreement with major stockholders of Capitol Development Bank ("CDB"), the country's largest private development bank to acquire a 99.6% interest in the latter. CDB was subsequently integrated into RCBC Savings Bank adding credit card business, Foreign Currency Deposit Unit and Trust to the subsidiary's banking functions.

Yuchengco Group of Companies

The Group draws its origins from China Insurance and Surety Co., a non-life insurance firm which was established by Don Enrique Yuchengco. With the death of Don Enrique, his son Alfonso took over the family enterprises, charting new directions marked by rapid growth and expansion. From insurance and its allied activities, Mr. Yuchengco moved into various fields paving the way for the birth of the conglomerate, the Yuchengco Group of Companies, injecting a work ethic rooted in integrity, social consciousness, unyielding vision and confidence in the Filipino people.

Today, the Yuchengco Group of Companies (YGC) is involved in diverse fields such as banking, finance, investment management, manufacturing, construction, mining, real estate development, trading, power generation, oil exploration, telecommunications, fast food and agribusiness. Its roster of business enterprises and investments includes four flagship companies: Rizal Commercial Banking Corporation, House of Investments Inc., MICO Equities, Inc. and GPL Holdings Inc.. The Group's vision focuses not only on impressive returns but also on the "social responsibility" of its businesses resulting in the formation in 1970 of a fifth member - AY Foundation Inc. which serves as its social development arm.

The challenges of internationalization and the fast moving dynamics of the global environs compels the Group to integrate its businesses under a synergistic umbrella of YGC's Integrated Financial Services. The group now looks into a new paradigm in approaching markets which are getting more complex and more demanding ---- meeting these with YGC's members working for the people it serves.