Tuesday 11 May 2021
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businessmirror - 28 days ago

Moody’s give ‘stable’ outlook to PHL banks, from ‘negative’

INTERNATIONAL credit watcher Moody’s Investors Service announced on Tuesday that they have reverted their assigned outlook to the Philippine banking sector back to “stable” from “negative.” In an outlook note, Moody’s said the main basis of their action reflects their expectations that a “mild economic recovery” will support the operating environment for Philippine banks. The [ ]


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