Wednesday, May 20, 2026
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Tag: Fitch Ratings

Digital banks unlikely to affect Philippine banking sector’s competitiveness

Global credit watcher Fitch Ratings said Monday that digital banks are unlikely to significantly affect thePhilippine banking sector's competitive dynamics despite their rapid growth. Fitch...

Fitch affirms Philippine credit rating at ‘BBB’ with stable outlook

Global credit watcher Fitch Ratings affirmed the Philippines’ “BBB” investment-grade rating as the country showed sustained macroeconomic fundamentals and resilience amid external headwinds. The BBB...

Fitch sees El Nino raising food inflation

The El Nino dry spell may affect food inflation in the Philippines and other Asian countries, according to Fitch Ratings. Fitch said in a non-rating...

LandBank welcomes Fitch’s upgrade of credit outlook

State-run Land Bank of the Philippines welcomed the recent upgrade on its outlook to stable by global credit watcher Fitch Ratings, saying it is...

Diokno: Key reforms boost economy

Finance Secretary Benjamin Diokno said over the weekend structural reforms provide the domestic economy the needed boost to continue growing and recover from the...

Fitch outlook a vote of confidence in PH

House Speaker Ferdinand Martin Romualdez on Tuesday welcomed Fitch Ratings’ upgrade of its credit outlook for the Philippines’ long-term debt to “stable,” calling the...

Fitch revises PH credit outlook to ‘stable’ on resilient economy

Fitch Ratings said Monday it affirmed the Philippines credit rating at investment-grade of ‘BBB’ but revised the outlook on the country’s long-term foreign-currency issuer...

Fitch cuts 2023 global growth forecast to 1.4% on high inflation

London—World GDP forecasts for 2023 have been revised down again as central banks intensify their fight against inflation and the outlook for China’s property...

Fitch affirms PH’s investment-grade rating of ‘BBB’ with negative outlook

Debt watcher Fitch Ratings on Thursday affirmed the Philippines’ investment grade score of ‘BBB’ with a negative outlook, saying real gross domestic product growth...

Fitch downgrades Russia oil, gas firms on default risk

PARIS, France—Credit rater Fitch Saturday downgraded 28 Russian natural resources companies including state gas giant Gazprom, warning they risk defaulting on payments under sanctions...

PH seen keeping investment grade despite rising debt

Bangko Sentral ng Pilipinas Governor Benjamin Diokno expressed optimism the Philippines will maintain its investment-grade scores from Fitch Ratings, Moody’s Investors Service and S&P...

Fitch affirms ‘BBB’ credit rating of PH

Debt watcher Fitch Ratings affirmed the Philippines’ credit rating of “BBB,” which is a notch above minimum investment grade, with a negative outlook as...

Citing high inflation, Fitch downgrades Turkey to ‘B+’

WASHINGTON, United States—Fitch Ratings on Friday downgraded Turkey’s debt from BB- to B+ with a negative outlook, citing high inflation and a lack of...

PH current account likely to weaken

Fitch Solutions, a unit of Fitch Ratings, on Thursday warned the Philippines it could face challenges managing its current account deficit over the long...
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