Banks and Financial Institutions
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2 reports
The Philippines’ Credit Rating Trail: Missed A-Rating Upgrade, Current Ratings Affirmed
The Philippines missed a credit rating upgrade due to governance and infrastructure corruption investigations. While the country retains its investment-grade status, waning investor confidence and delayed fiscal momentum require large enterprises to manage public sector operational risks.
The Philippines’ Credit Rating Trail: Missed A-Rating Upgrade, Current Ratings Affirmed
Infrastructure corruption probes have delayed the Philippines' credit rating upgrade from S&P Global. Although other rating agencies remain optimistic about economic resilience, the governance issues are currently dampening investor confidence and growth outlooks.