Global Dominion, RCBC Capital extend financing to unbanked and underbanked Filipinos

RCBC Capital cited the importance of its partnership with Global Dominion in its thrust to make financial inclusion within reach of more people and organizations in the country.

RCBC Capital (RCAP) and Global Dominion, two of the country’s leading names when it comes to banking and finance, have partnered to better serve more Filipinos since August 2019. Both organizations aim to service the financial needs of people and organizations unable to tap banks for their funding requirements. Apart from extending their reach, both organizations want to leave a positive impact on society through financing.

RCAP cited the importance of its partnership with Global Dominion in its thrust to make financial inclusion within reach of more unbanked Filipinos.

(FROM LEFT) Arsenio Kenneth M. Ona, RCAP president and CEO; Ruben Y. Lugtu II, Global Dominion Chairman; Robert B. Jordan Jr.; Global Dominion CEO; Eugene S. Acevedo, RCBC president and CEO and RCAP director; Patricia Poco-Palacios, Global Dominion president and managing director; Nicole Lugtu Ugarte, Global Dominion director; and Yvonne S. Yuchengco, RCAP chairperson

“RCBC Capital, together with our parent RCBC, is very supportive of the business of Global Dominion and we see this partnership growing stronger in the years to come.  We expect to be there as they continue to grow and expand their business,” Arsenio Kenneth Ona, RCBC Capital president and CEO, said.

What started in 2019 was renewed in October 2020, amidst the COVID-19 pandemic. In fact, the partnership between the two organizations was even expanded in May 2022.

“We share the same vision, and our values are aligned. It was no surprise that our partnership with RCBC Capital has only been growing stronger since we started,” said Patricia Poco-Palacios, Global Dominion president and managing director.

“We continue to ignite and accelerate growth in people and organizations through strategic partnerships like what we have right now with RCBC Capital,” Jeric Cornejo, Global Dominion CFO added. “Collaboration is a great driving force to further improve financial inclusion and transform lives for the better.”

To date, the partnership between RCAP and Global Dominion continues to evolve and cater to the needs of many Filipinos when it comes to car and truck financing, car and truck refinancing, doctors’ loan, and real-estate mortgage loan.

“We want to thank Global Dominion for being a catalyst for RCBC Capital and its clients to be able to reach out and help our countrymen. We are honored to be of service, and we will cheer you on as you continue to be an instrument that helps uplift the lives of the ordinary Filipinos,” Ona concluded.

RCAP is one of the leading domestic investment banks in the Philippines and has over 50 years of experience in investment banking and financial consultancy services, including issue management/arrangement and underwriting of equity, quasi-equity and debt securities, loan syndications and financial advisory.

It is a wholly owned subsidiary and is the investment banking arm of Rizal Commercial Banking Corporation (RCBC), one of the largest universal banks in the Philippines with total consolidated resources of over P 1.2 trillion as of December 31, 2023.

Global Dominion has been one of the leading financial services providers to various sectors, including professionals, business owners, and executives, offering tailor-fit cash loans and financial services through its branches nationwide as well as via online channels.