FITCH RATINGS INC

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 1885591
                    [Title] => Fitch Ratings: Hanjin default could ‘pressure’ banks’ credit ratings
                    [Summary] => The exposure of five Philippine banks to financially distressed Hanjin Philippines, which recently declared bankruptcy after it defaulted on over $400 million in loans, could put pressure on their credit ratings, Fitch Ratings said Wednesday.
                    [DatePublished] => 2019-01-16 15:31:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805247
                    [AuthorName] => Ian Nicolas Cigaral
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2019/01/16/fitch-hanjin_2019-01-16_14-29-33219_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 1417779
                    [Title] => Security Bank’s $300-M notes issue oversubscribed
                    [Summary] => 
Security Banking Corp. has completed its first $300-million senior unsecured notes issuance which was oversubscribed nearly six times.

                    [DatePublished] => 2015-01-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 312618
                    [Title] => RP’s credit rating next year hinges on EVAT hike to 12%
                    [Summary] => The adjustment of the expanded value-added tax (EVAT) rate from 10 percent to 12 percent in February next year will be pivotal to the country’s credit rating in 2006.


As Moody’s Investor Service wrapped up its annual ratings review this month, the next criterion under close watch by credit rating agencies will be the scheduled adjustment in the EVAT rate.


                    [DatePublished] => 2005-12-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 281667
                    [Title] => RP on road to improving public debt ratios — Fitch
                    [Summary] => London-based Fitch Ratings Inc. said the Philippines is back on the path of improving its public debt ratios, noting that the country might be able to avoid a downgrade of its credit ratings over the short and medium-term. 


In a special report, Fitch pointed out that the debt burden of the National Government (NG) is projected to decline to 67.5 percent of gross domestic product (GDP) – the lowest level since 2002. 


                    [DatePublished] => 2005-06-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 255921
                    [Title] => Fitch warns RP of credit rating downgrade
                    [Summary] => Credit rating agency Fitch Ratings Inc. has warned of a ratings downgrade if the Arroyo administration will not be able to raise taxes and immediately privatize the National Power Corp.(Napocor). 


The London-based ratings agency said yesterday that the newly-inaugurated President Gloria Arroyo now has the opportunity to capitalize on her fresh mandate after winning the May elections. 


However, Fitch said this would take potentially painful steps, including committing to raise taxes and finding a lasting solution to the financial problems at Napocor. 


                    [DatePublished] => 2004-07-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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Fitch Ratings: Hanjin default could ‘pressure’ banks’ credit ratings

By Ian Nicolas Cigaral | January 16, 2019 - 3:31pm

The exposure of five Philippine banks to financially distressed Hanjin Philippines, which recently declared bankruptcy after...

Business

Security Bank’s $300-M notes issue oversubscribed

By Ted P. Torres | January 29, 2015 - 12:00am

Security Banking Corp. has completed its first $300-million senior unsecured notes issuance which was oversubscribed nearly six times.

Business

RP’s credit rating next year hinges on EVAT hike to 12%

By Des Ferriols | December 18, 2005 - 12:00am

The adjustment of the expanded value-added tax (EVAT) rate from 10 percent to 12 percent in February next year will be pivotal to the country’s credit rating in 2006. As Moody’s Investor Service wrapped...

Business

RP on road to improving public debt ratios — Fitch

By Des Ferriols | June 15, 2005 - 12:00am

London-based Fitch Ratings Inc. said the Philippines is back on the path of improving its public debt ratios, noting that the country might be able to avoid a downgrade of its credit ratings over the short and medium-term....

Business

Fitch warns RP of credit rating downgrade

By Des Ferriols | July 1, 2004 - 12:00am

Credit rating agency Fitch Ratings Inc. has warned of a ratings downgrade if the Arroyo administration will not be able to raise taxes and immediately privatize the National Power Corp.(Napocor). The London-based...

Business