The strong growth of the small and medium enterprises (SME) sector made an official of Rizal Commercial Banking Corp. (RCBC) bullish on the bank’s SME business expansion.

In a briefing on Friday, Maria Angela Tinio, RCBC senior vice president for the Commercial and SME Banking Segment, said they target to grow about 20 percent to 30 percent this year, as in the past years, to be able to increase the segment’s share in the bank’s total loan portfolio (TLP).

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