Security Bank to Hold Fixed Income Investor Meetings

Security Bank Corp. (PSE: SECB) has mandated Citigroup, CLSA, MUFG and UBS as Joint Lead Managers and Joint Bookrunners to arrange a series of fixed income investor meetings and calls in London, Singapore and Hong Kong, commencing on September 4, 2018. A Regulation S offering of U.S. dollar-denominated senior unsecured notes under the Issuer’s recently […]
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China Bank Gets Investment Grade Credit Rating from Moody’s

Makati—(PHStocks)—China Banking Corp. (China Bank, PSE: CHIB), the first privately-owned local commercial bank in the Philippines, recently received an investment grade credit rating of Baa2 from Moody’s Investors Service (Moody’s), one of the leading credit rating agencies. This rating is the same level as the Philippine sovereign rating and at par with the country’s top […]
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Bank Lending in PH Seen Staying on Growth Path

Bank lending growth in the Philippines will remain among the fastest in the region given the strong demand from both businesses and households, even as financing becomes more expensive in the coming months. Related Articles:PH in for Slower Growth in 2014, says Moody’sSecurity Bank to Hold Fixed Income Investor MeetingsChina Bank Gets Investment Grade Credit Rating […]
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Moody’s: September Factory Output Likely Better

Philippine manufacturing output may have picked up in September, the economic research arm of Moody’s said, but only due to a base effect as global demand remains weak. Related Articles:Security Bank to Hold Fixed Income Investor MeetingsChina Bank Gets Investment Grade Credit Rating from Moody’sAsian Financial Firms Eager to Enter Local MartMoody’s Hints at UpgradePH […]
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Asian Financial Firms Eager to Enter Local Mart

Financial institutions from Korea, Indonesia, Malaysia, Taiwan, Singapore and Japan are interested to put up branches in the country and offer their full range of services, if and when the Philippine government decides to further liberalize the banking sector. Trade Undersecretary Ponciano C. Manalo Jr. disclosed that they have received expressions of interest from foreign […]
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Moody’s Hints at Upgrade

Moody’s Investors Service has hinted at the possibility of the Philippines securing another credit rating upgrade soon, on the likelihood that the pace of the country’s economic growth will be among the fastest in the region. In its latest commentary on the Philippines, Moody’s said developments in the Philippines’ favor include robust economic growth and […]
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PH in for Slower Growth in 2014, says Moody’s

The Philippines and the rest of Asia Pacific may see economic growth decelerate this year amid increasingly challenging conditions within and outside the region. Moody’s Analytics, the research arm of credit rating agency Moody’s Investor Service, in a new report said the Asia Pacific region’s performance may suffer in 2014 due to weak demand from the […]
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Moody’s: Sudden Stop of Inflows Won’t Hurt PH

The Philippines is strong enough to withstand even a “sudden stop” in foreign portfolio investments that may result from the US Federal Reserve’s decision to reduce the monetary stimulus for the world’s largest economy. Moody’s Investor Service said in a report this week that the economic activity of most Asian countries could slow down as the […]
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