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                    [Title] => Philippines Islamic finance poised for growth, says Fitch
                    [Summary] => “Islamic finance initiatives could help the Philippines establish closer economic ties with the Gulf Cooperation Council and ASEAN countries, such as Indonesia and Malaysia, and attract foreign direct investments.”
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                    [Title] => Philippines banking sector ‘improving’ – Fitch
                    [Summary] => Global credit watchdog Fitch Ratings has revised its outlook for the Philippine banking sector to ‘improving’ from ‘neutral’ as higher for longer interest rates could further boost banks’ rising net interest margins.
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                    [Title] => Fitch affirms Philippines investment grade
                    [Summary] => Fitch Ratings has affirmed the Philippines’ investment grade rating at BBB, a notch above the minimum grade, and maintained its stable outlook, citing the economy’s strong medium-term growth prospects.
                    [DatePublished] => 2024-06-09 00:00:00
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                    [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
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                    [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
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                    [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
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                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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                    [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
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                    [AuthorID] => 1097197
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                    [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
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                    [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
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                    [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
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                    [Title] => Philippines banking sector ‘improving’ – Fitch
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                    [Title] => Fitch affirms Philippines investment grade
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                    [DatePublished] => 2024-06-09 00:00:00
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                    [Title] => Fitch keeps credit rating of 5 Philippine banks
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                    [DatePublished] => 2024-04-06 00:00:00
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                    [Title] => Fitch sees Philippine economy growing by 6.4% in 2024
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                    [Title] => Price-focused strategy of Philippines digital banks not sustainable – Fitch
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                    [DatePublished] => 2023-12-05 00:00:00
                    [ColumnID] => 0
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                    [Title] => Philippines sukuk bonds get investment grade rating
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                    [DatePublished] => 2023-11-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
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                    [Title] => Fitch downgrades US credit rating after debt limit standoffs
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                    [DatePublished] => 2023-08-02 10:31:00
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                    [Title] => Fitch revises its outlooks on 5 Philippine banks to 'stable'
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                    [DatePublished] => 2023-05-30 16:30:00
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                    [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
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abtest

Philippines Islamic finance poised for growth, says Fitch

By Keisha Ta-Asan | 6 days ago

“Islamic finance initiatives could help the Philippines establish closer economic ties with the Gulf Cooperation Council...

Business

Philippines banking sector ‘improving’ – Fitch

By Keisha Ta-Asan | June 13, 2024 - 12:00am

Global credit watchdog Fitch Ratings has revised its outlook for the Philippine banking sector to ‘improving’...

Business

Fitch affirms Philippines investment grade

By Keisha Ta-Asan | June 9, 2024 - 12:00am

Fitch Ratings has affirmed the Philippines’ investment grade rating at BBB, a notch above the minimum grade, and maintained...

Business

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