SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Dec 1, 2020

2. SEC Identification Number

17514

3. BIR Tax Identification No.

000-599-760-000

4. Exact name of issuer as specified in its charter

RIZAL COMMERCIAL BANKING CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6819 Ayala cor. Gil J. Puyat Ave., Makati City Postal Code 0727

8. Issuer's telephone number, including area code

8894-9000

9. Former name or former address, if changed since last report

Not Applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	1,935,628,896

11. Indicate the item numbers reported herein

-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Rizal Commercial Banking CorporationRCB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Significant items approved by the Board of Directors at the regular meeting held on December 1, 2020
Background/Description of the Disclosure
Please be advised of the following significant items approved by the Board of Directors at the regular meeting held on December 1, 2020. 1. Cash Dividend Declaration on Convertible Preferred Shares The declaration covers cash dividends for the Bank’s convertible preferred shares amounting to P0.05630 (US$0.00116) per share or a total of P15,056.04 (US$311.08 @ P48.400). The cash dividend is payable to holders of convertible preferred shares as of December 21, 2020 (record date) and payable within 5 trading days from record date. The actual and final amount of the cash dividends may be lower if there are additional conversions to common stock prior to and up to December 21, 2020. The dollar equivalent of the cash dividend, however, would depend on the prevailing exchange rate on December 21, 2020. 2. Appointment of Brent C. Estrella as Chief Compliance Officer and Head of the Regulatory Affairs Group with the rank of First Senior Vice President, effective December 02, 2020, subject to BSP/regulatory approvals as may be required. Mr. Estrella brings with him sixteen (16) years of compliance and risk management experience which he gained from the Hong Kong and Shanghai Banking Corporation across various jurisdictions in Southeast Asia (the Philippines), the Middle East (UAE) and Sub Saharan Africa (Mauritius). His areas of expertise focus on Financial Crime Risk Stewardship, Regulatory Compliance Risk Stewardship, Compliance Monitoring, Testing and Reviews, Risk Strategy, Oversight and Governance, Operational Risk Management, Compliance Operations Technology and Data Analytics, Cross-functional & Multi-jurisdictional Project Management, Organizational Development, Talent Management and Transformation. He is a Certified Anti-Money Laundering Specialist. Mr. Estrella graduated with a degree in Bachelor of Science in Legal Management at the Ateneo De Manila University in 2004.
Other Relevant Information
Please see attached.