Fitch Ratings

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            [0] => Array
                (
                    [ArticleID] => 2345578
                    [Title] => Fitch keeps credit rating of 5 Philippine banks
                    [Summary] => Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years.
                    [DatePublished] => 2024-04-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/04/05/untitled-12023-11-1300-52-54_2024-04-05_19-27-26318_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 2340605
                    [Title] => Fitch sees Philippine economy growing by 6.4% in 2024
                    [Summary] => “We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”
                    [DatePublished] => 2024-03-15 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/03/14/182024-01-1418-25-182024-01-3120-19-39_2024-03-14_20-21-10_thumbnail.jpg
                )

            [2] => Array
                (
                    [ArticleID] => 2316427
                    [Title] => Price-focused strategy of Philippines digital banks not sustainable – Fitch
                    [Summary] => The price-focused strategy of digital banks operating in the Philippines to compete with traditional banks is not sustainable in the long run, according to Fitch Ratings.
                    [DatePublished] => 2023-12-05 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/12/04/20_2023-12-04_18-56-55107_thumbnail.jpg
                )

            [3] => Array
                (
                    [ArticleID] => 2314907
                    [Title] => Philippines sukuk bonds get investment grade rating
                    [Summary] => The Philippines’ maiden offering of dollar-denominated Islamic or sukuk bonds has received investment grade rating from Fitch Ratings and Moody’s Investors Corp.
                    [DatePublished] => 2023-11-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/11/28/1_2023-11-28_18-40-33454_thumbnail.jpg
                )

            [4] => Array
                (
                    [ArticleID] => 2285687
                    [Title] => Fitch downgrades US credit rating after debt limit standoffs
                    [Summary] =>  Fitch downgraded the United States' credit rating by a step on Tuesday from the top-tier AAA to AA+, citing factors like an "erosion of governance" that has manifested in debt limit standoffs.
                    [DatePublished] => 2023-08-02 10:31:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2021/06/25/wall-street-ny-stock-exchange_2021-06-25_08-46-38786_thumbnail.jpg
                )

            [5] => Array
                (
                    [ArticleID] => 2270211
                    [Title] => Fitch revises its outlooks on 5 Philippine banks to 'stable'
                    [Summary] => Fitch Ratings revised its outlooks on five Philippine banks to “stable” from “negative”, matching its improved outlook on the Philippine economy.
                    [DatePublished] => 2023-05-30 16:30:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => https://media.philstar.com/photos/2023/05/16/fitch_2023-05-16_19-41-19432_thumbnail.jpg
                )

            [6] => Array
                (
                    [ArticleID] => 2268301
                    [Title] => Fitch revises Philippine credit rating outlook to stable
                    [Summary] => Debt watcher Fitch Ratings has upgraded the credit rating outlook of the Philippines from negative to stable due to improved confidence that the country is returning to strong medium-term growth after the COVID-19 pandemic.
                    [DatePublished] => 2023-05-23 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => https://media.philstar.com/photos/2023/05/22/gdp_2023-05-22_22-20-25577_thumbnail.jpg
                )

            [7] => Array
                (
                    [ArticleID] => 2266789
                    [Title] => Fitch: Philippine banks to remain resilient
                    [Summary] => Fitch Ratings believes loan growth and asset quality of Philippine banks will remain resilient amid higher interest rates and persistent global macroeconomic uncertainties.
                    [DatePublished] => 2023-05-17 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/05/16/fitch_2023-05-16_19-41-19432_thumbnail.jpg
                )

            [8] => Array
                (
                    [ArticleID] => 2249717
                    [Title] => Philippine banks to withstand credit risks from rate hikes — Fitch
                    [Summary] => Fitch explained that any risks would be largely offset by high concentration of corporate borrowers.
                    [DatePublished] => 2023-03-06 15:27:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/02/22/credit_2023-02-22_20-03-39971_thumbnail.jpg
                )

            [9] => Array
                (
                    [ArticleID] => 2219697
                    [Title] => Fitch keeps Philippines' investment grade but wary of global headwinds
                    [Summary] => Fitch said that the rating action reflects the country’s medium-term growth prospects amid a high inflation environment and a global economy headed to a recession.
                    [DatePublished] => 2022-10-27 16:28:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/03/05/fitch_2020-03-05_19-21-35338_thumbnail.jpg
                )

        )

)

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Fitch keeps credit rating of 5 Philippine banks

By Keisha Ta-Asan | April 6, 2024 - 12:00am

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on...

Business

Fitch sees Philippine economy growing by 6.4% in 2024

By Keisha Ta-Asan | March 15, 2024 - 12:00am

“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment...

Business

Price-focused strategy of Philippines digital banks not sustainable – Fitch

By Lawrence Agcaoili | December 5, 2023 - 12:00am

The price-focused strategy of digital banks operating in the Philippines to compete with traditional banks is not sustainable...

Business

Philippines sukuk bonds get investment grade rating

By Lawrence Agcaoili | November 29, 2023 - 12:00am

The Philippines’ maiden offering of dollar-denominated Islamic or sukuk bonds has received investment grade rating from...

Business

Fitch downgrades US credit rating after debt limit standoffs

August 2, 2023 - 10:31am

 Fitch downgraded the United States' credit rating by a step on Tuesday from the top-tier AAA to AA+, citing factors...

Business

Fitch revises its outlooks on 5 Philippine banks to 'stable'

May 30, 2023 - 4:30pm

Fitch Ratings revised its outlooks on five Philippine banks to “stable” from “negative”, matching...

Banking

Fitch revises Philippine credit rating outlook to stable

By Lawrence Agcaoili | May 23, 2023 - 12:00am

Debt watcher Fitch Ratings has upgraded the credit rating outlook of the Philippines from negative to stable due to improved...

Headlines

Fitch: Philippine banks to remain resilient

By Lawrence Agcaoili | May 17, 2023 - 12:00am

Fitch Ratings believes loan growth and asset quality of Philippine banks will remain resilient amid higher interest rates...

Business

Philippine banks to withstand credit risks from rate hikes — Fitch

March 6, 2023 - 3:27pm

Fitch explained that any risks would be largely offset by high concentration of corporate borrowers.

Business

Fitch keeps Philippines' investment grade but wary of global headwinds

By Ramon Royandoyan | October 27, 2022 - 4:28pm

Fitch said that the rating action reflects the country’s medium-term growth prospects amid a high inflation environment...

Business