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Sumitomo buying 30% stake in RCBC leasing unit

Summary by Inquirer
MANILA, Philippines — The Sumitomo Group has signed up to acquire a 30-percent equity stake in the leasing arm of Rizal Commercial Banking Corp. (RCBC) via third-party share issuance. In a statement on Wednesday, RCBC said Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) entered into an agreement to acquire part of RCBC Leasing and […]...Keep on reading: Sumitomo buying 30% stake in RCBC leasing unit

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Sumitomo buying 30% stake in RCBC leasing unit

MANILA, Philippines — The Sumitomo Group has signed up to acquire a 30-percent equity stake in the leasing arm of Rizal Commercial Banking Corp. (RCBC) via third-party share issuance. In a statement on Wednesday, RCBC said Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) entered into an agreement to acquire part of RCBC Leasing and […]...Keep on reading: Sumitomo buying 30% stake in RCBC leasing unit

·Manila, Philippines
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Inquirer broke the news in Manila, Philippines on Wednesday, August 20, 2025.
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