^
+ Follow PHILRATING Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 265845
                    [Title] => PCI Leasing to issue P500-M worth of STCPs
                    [Summary] => PCI Leasing and Finance Inc. is seeking the approval of the Securities and Exchange Commission (SEC) to issue P500 million in short-term commercial papers (STCP) to pay off maturing obligations and refinance relending activities.


PCI Leasing’s proposed P500- million STCP issuance was assigned a PRS 1 rating, which means having "strongest capability for timely payment of debt instrument issue on both interest and principal."
[DatePublished] => 2004-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 219316 [Title] => BSP issues rules on credit rating agencies [Summary] => Local rating agencies are required to show complete independence and transparency under a set of rules and regulations governing the accreditation and certification of rating agencies issued by the Bangko Sentral ng Pilipinas (BSP).

The circular was approved by the Monetary Board which noted that the introduction of new and innovative products into the market had created an increasing demand and reliance on credit rating agencies.
[DatePublished] => 2003-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 218731 [Title] => Accreditation of rating agencies starts soon [Summary] => The Bangko Sentral ng Pilipinas (BSP) will soon begin the accreditation of local rating agencies as it prepares to issue the guidelines allowing local agencies to apply for central bank certification.

BSP Deputy Governor Alberto Reyes told reporters yesterday that the guidelines were being finalized for approval by the Monetary Board, setting the parameters for the accreditation of local rating agencies.
[DatePublished] => 2003-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 151957 [Title] => Credit rating agencies seek lower capital [Summary] => Credit rating agencies want the Securities and Exchange Commission (SEC) to scale down the minimum paid-up capital requirement it plans to impose on the industry from P50 million to only P10 million.

In its comments on the implementing rules and regulations being drafted by the SEC, Philratings, Inc. said the P50-million paid up capital is too high considering the operating requirements of credit rating agencies (CRA) whose primary assets are human resource-based.
[DatePublished] => 2002-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILRATING
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 265845
                    [Title] => PCI Leasing to issue P500-M worth of STCPs
                    [Summary] => PCI Leasing and Finance Inc. is seeking the approval of the Securities and Exchange Commission (SEC) to issue P500 million in short-term commercial papers (STCP) to pay off maturing obligations and refinance relending activities.


PCI Leasing’s proposed P500- million STCP issuance was assigned a PRS 1 rating, which means having "strongest capability for timely payment of debt instrument issue on both interest and principal."
[DatePublished] => 2004-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 219316 [Title] => BSP issues rules on credit rating agencies [Summary] => Local rating agencies are required to show complete independence and transparency under a set of rules and regulations governing the accreditation and certification of rating agencies issued by the Bangko Sentral ng Pilipinas (BSP).

The circular was approved by the Monetary Board which noted that the introduction of new and innovative products into the market had created an increasing demand and reliance on credit rating agencies.
[DatePublished] => 2003-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 218731 [Title] => Accreditation of rating agencies starts soon [Summary] => The Bangko Sentral ng Pilipinas (BSP) will soon begin the accreditation of local rating agencies as it prepares to issue the guidelines allowing local agencies to apply for central bank certification.

BSP Deputy Governor Alberto Reyes told reporters yesterday that the guidelines were being finalized for approval by the Monetary Board, setting the parameters for the accreditation of local rating agencies.
[DatePublished] => 2003-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 151957 [Title] => Credit rating agencies seek lower capital [Summary] => Credit rating agencies want the Securities and Exchange Commission (SEC) to scale down the minimum paid-up capital requirement it plans to impose on the industry from P50 million to only P10 million.

In its comments on the implementing rules and regulations being drafted by the SEC, Philratings, Inc. said the P50-million paid up capital is too high considering the operating requirements of credit rating agencies (CRA) whose primary assets are human resource-based.
[DatePublished] => 2002-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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