^

Business

GT Capital secures investment grade rating from JCR

Richmond Mercurio - The Philippine Star
GT Capital secures investment grade rating from JCR
An A-issuer credit rating from JCR is an investment-grade rating that signifies strong creditworthiness and a high capacity to meet financial obligations.
GT Capital / Released

MANILA, Philippines —  GT Capital Holdings Inc., the diversified conglomerate of the Ty family, has secured a foreign currency long-term issuer rating of A- with a stable outlook from the Japan Credit Rating Agency Ltd. (JCR), affirming the group’s strong credit profile.

An A-issuer credit rating from JCR is an investment-grade rating that signifies strong creditworthiness and a high capacity to meet financial obligations.

JCR, in its credit report, said the rating is based on the conglomerate’s “strong business foundation, stable cash flow generated by a well-balanced portfolio and a solid financial base.”

It also noted the strength of GT Capital’s financial services and automotive businesses, specifically the strong market positions of its operating companies Metropolitan Bank & Trust Co., Toyota Motor Philippines Corp., GT Capital Auto and Mobility Holdings Inc. and Toyota Financial Services Philippines Corp.

GT Capital chief financial officer and treasurer George Uy-Tioco Jr. said the JCR rating further diversifies the group’s funding sources and enhances its access to the Japanese financial markets.

He said the conglomerate, with its longstanding global partnerships, has cultivated enduring relationships with leading Japanese companies such as Toyota Motor Corp., Nomura Real Estate, ORIX Metro and Mitsui & Co., among others.

“We are very pleased with the results of the JCR rating as it is reflective of the group’s resilience, sound fiscal position and strong balance sheet,” Uy-Tioco said.

GT Capital said it became one of only seven domestic institutions — including the Philippines — to receive a credit rating from JCR in 2026.

It said this marks another significant milestone in the group’s growth story, supporting its commitment to effectively navigate an increasingly dynamic global business environment while delivering long term value to its stakeholders.

As a major listed Philippine conglomerate, GT Capital has interests in market-leading businesses across banking, automotive assembly, importation, dealership and financing, property development, life and general insurance and infrastructure.

GT

JCR

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with