The RCBC was honored with a four-arrow recognition at the ASEAN ACGS Golden Arrow Awards, which recognizes the outstanding performance of publicly-listed companies in the Philippines in terms of corporate governance. Know more:
The Rizal Commercial Banking Corp. was honored with a four-arrow recognition at the ASEAN Corporate Governance Scorecard Golden Arrow Awards, which recognizes the outstanding performance of publicly-listed companies in the Philippines in terms of corporate governance.
The ACGS measures the performance of the companies in the areas of facilitating the rights and the equitable treatment of shareholders, how they relate to their different stakeholders, ensuring transparency and accountability through timely disclosure of material information, and how the board guides the company strategically, monitors the management, and ensures the board’s accountability to the company and the shareholders.
The Golden Arrow is awarded to companies that achieved a score of at least 80 points in the ACGS Assessment. A four-arrow recognition is given to companies that scored 110 to 119 points.
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