Fitch Affirms Bank of the Philippine Islands, BDO Unibank, Metrobank

April 24, 2015 8:47 AM

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(The following statement was released by the rating agency) SINGAPORE, April 24 (Fitch) Fitch Ratings has affirmed the ratings on three Philippine banks - Bank of the Philippine Islands (BPI), BDO Unibank, Inc. (BDO) and Metropolitan Bank & Trust Company (Metrobank).

The Long-Term Issuer Default Ratings (IDR) on both BPI and Metrobank were affirmed at 'BBB-' with Stable Outlooks, and their Viability Ratings (VR) affirmed at 'bbb-'. BDO Unibank, Inc.'s (BDO) IDR was affirmed at 'BB+' on Positive Outlook, and its VR affirmed at 'bb+'. Concurrently, the agency has ...

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