Moody’s affirms BDO and BPI’s ratings, outlooks

MOODY’S RATINGS has affirmed its long- and short-term ratings and outlooks for BDO Unibank, Inc. and Bank of the Philippine Islands (BPI), citing their profitability and strong deposit bases. The debt watcher affirmed the two banks’ “Baa2/P-2” long- and short-term foreign and local currency deposit ratings and “stable” outlooks, it said in separate statements late […]