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Wednesday, April 24, 2024

Andrew Tan, other businessmen back up RCBC

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FOUR known businessmen have backed Rizal Commercial Banking Corp., which is currently being investigated in connection with its involvement in the recent illegal transfer of $81 million that entered the country’s financial system through its branch on Jupiter Street in Makati City.

Andrew Tan, chairman and chief executive of Megaworld Corp.; Manuel Villar Jr., chairman of Vista Land; Injap Sia, chief executive of Injap Investments Inc., and Liberato Laus, chairman of Laus Group of Companies expressed their support to the bank.

“During the past years, RCBC has been a solid partner of Megaworld Corp. in its corporate banking requirements. Our long-time partnership has been anchored on mutual trust and confidence. Your various awards and recognition as a company are testament to your dedication in providing the best banking services that we deserve,” Tan said in a letter to Helen Dee, chairman of RCBC.

“We look forward to more productive years as one of our partner banks,” Tan said.

Villar expressed his message of support for the long partnership his business has had with RCBC.

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“For over 30 years, our group has relied on RCBC’s reliable service for its growing banking needs. And as we look forward to an even stronger partnership, the group shall continue to vest upon RCBC its full trust and confidence,” Villar said.

Sia also expressed his support. “Being a long time client of RCBC, they have my continued trust and confidence,” he said. 

Laus, meanwhile, said his company had been a “client of RCBC for the longest time and we benefit from their very reliable banking services and high level of professionalism.” 

“We will continue to grow with them,” Laus said.

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