Bank of the Philippine Islands – Ratings Affirmed and Withdrawn

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank of the Philippine Islands (BPI) at 'BBB' and 'A3', respectively. BPI's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb', and Extraordinary Support Level (ESL) of High have also been affirmed. The Outlook for both the LT FCR and BSR remains Stable. At the same time, CI Ratings has withdrawn the ratings assigned to BPI at the request of the Bank.

Attachments

• CI Ratings Announcement (CRA)
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