RCBC LEASING AND FINANCE CORPORATION
RCBC LEASING AND FINANCE CORPORATION (formerly First Malayan Leasing and Finance Corporation), holder of a QB license, is a domestic corporation registered with the Philippine Securities and Exchange Commission (SEC) on October 27, 1982 to engage in general financing and leasing under finance lease arrangement. RCBC Leasing holds 100% ownership interest to RCBC Rental Corporation, a company engaged in renting and leasing of machineries and equipment and all kinds of transportation equipment under operating lease contracts.
On March 12, 2012, Rizal Commercial Banking Corporation (RCBC) acquired 97.79% ownership interest in RCBC Leasing. On October 17, 2012 and February 14, 2013, the SEC and the Bureau of Internal Revenue issued their respective approvals of RCBC Leasing’s application for the change in its corporate name from First Malayan Leasing and Finance Corporation to RCBC Leasing and Finance Corporation (RLFC). On those same dates, the change in the company’s registered office address was approved from the 5th Floor to the 2nd Floor Grepalife Building, 221 Sen. Gil Puyat Avenue, Makati City.
RLFC has eight (8) branch networks or a total of nine (9) business centers including its Head Office. The company is one of the largest leasing and financing company in the Philippines with consolidated total resources of Php11.09 Billion as of December 31, 2018.