GLOBAL credit watchdog Fitch Ratings Inc. recently upgraded the viability ratings (VR) of five major Philippine banks, citing ...

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FITCH RATINGS on Wednesday upgraded its viability ratings (VR) for the Philippines’ three biggest private banks in asset terms and its two largest state-run lenders. Fitch said in separate statements ...

The revision of the Rating Outlook to Stable is attributed to improvements in BKU’s reserve coverage and a stabilized funding and liquidity profile, despite the bank’s reliance on wholesale funding.

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