Rizal Commercial Banking Corp. (RCBC) has expressed optimism on a 30-percent loan book growth this year on the back of its investments in infrastructure projects such as the public-private partnership (PPP) program.
In a recent press briefing, John Thomas Deveras, RCBC executive vice president and head of Strategic Initiatives, said that for this year, the bank is focusing to grow its loan portfolio, which has been at an average 12 percent for the past five years.
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