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× RCBC posts lower net profit in first half

The Rizal Commercial Banking Corp. (RCBC) posted a P2.2-billion net income as of end-June, fueled by steady growth in its core businesses but dampened by lower trading gains. Net profit of the Yuchengco-led lender slipped by 6.4% from the P2.35 billion it previously reported during the first six months of 2017. In a disclosure, RCBC …