5 Philippine banks secure stable outlook ratings, get positive updates from credit rating agency

Some of the Philippines’ largest banks in terms of assets — Banco De Oro (BDO Unibank Inc.), Bank of the Philippine Islands (BPI), and Metropolitan Bank & Trust Co. (Metrobank) — had their Fitch Ratings credit outlooks changed recently from negative to stable, echoing a similar change in the country’s sovereign rating. IMAGE CREDIT: www.alamy.com […]