March 12, 2025 03:56 GMT
EM ASIA CREDIT: BDO Unibank (BDOPM, Baa2/NR/BBB-) rating affirmed
EM ASIA CREDIT
BDO Unibank (BDOPM, Baa2/NR/BBB-)
"Fitch Upgrades BDO Unibank's VR to 'bbb-'; Affirms IDR at 'BBB-' with Stable Outlook" - BBG
- In summary, Fitch believes that the underlying operating environment in the Philippines banking sector has improved, which supports BDO ratings. Neutral for spreads.

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