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                    [Title] => S&P maintains stable outlook on RP banks
                    [Summary] => International credit rating outfit Standard and Poor’s (S&P) said yesterday it is keeping its stable outlook on the banking sector in the Philippines while noting that its risk profile remains high. 


The stable outlook takes note that "the growth in non-performing assets (NPAs) has not only been arrested but also reversed" to 9.3 percent of gross loans in June, from 13.6 percent in the previous year, the US-based agency said in a regional report. 


                    [DatePublished] => 2006-01-19 00:00:00
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RITESH MAHESHWARI

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                    [Title] => S&P maintains stable outlook on RP banks
                    [Summary] => International credit rating outfit Standard and Poor’s (S&P) said yesterday it is keeping its stable outlook on the banking sector in the Philippines while noting that its risk profile remains high. 


The stable outlook takes note that "the growth in non-performing assets (NPAs) has not only been arrested but also reversed" to 9.3 percent of gross loans in June, from 13.6 percent in the previous year, the US-based agency said in a regional report. 


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S&P maintains stable outlook on RP banks

January 19, 2006 - 12:00am

International credit rating outfit Standard and Poor’s (S&P) said yesterday it is keeping its stable outlook on the banking sector in the Philippines while noting that its risk profile remains high. The...

Business