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Standard & Poor’s Ratings Services (S&P) has raised the outlook for Security Bank Corp. to positive from stable after the P36.9-billion deal with Japan’s largest bank.

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                    [Title] => Big banks’ earnings up 1%
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                    [Title] => Big banks boost profits to P61.9 B in H1
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Profits of major Philippine banks rose 6.3 percent in the first half of the year on the back of higher interest and non-interest earnings, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

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IVAN TAN

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Standard & Poor’s Ratings Services (S&P) raised its growth forecast for the Philippines, noting of an improving economic picture in developed markets that bodes well for the rest of the Asia-Pacific region.

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abtest

S&P raises outlook for Security Bank

By Lawrence Agcaoili | January 19, 2016 - 9:00am

Standard & Poor’s Ratings Services (S&P) has raised the outlook for Security Bank Corp. to positive from stable...

Business

Big banks’ earnings up 1%

By Lawrence Agcaoili | November 17, 2015 - 9:00am

Earnings of major banks in the Philippines barely moved, inching up about one percent in the first nine months amid intense competition in the industry.

Business

Credit risks hound Asean banks – S&P

By Ted P. Torres | August 17, 2015 - 10:00am

The asset quality of banks in the Association of Southeast Asian Nations (Asean) could weaken over the next 12-18 months. But the banks’ strong performance over the past few years should enable them to absorb...

Banking

Big banks boost profits to P61.9 B in H1

By Lawrence Agcaoili | August 13, 2015 - 10:00am

Profits of major Philippine banks rose 6.3 percent in the first half of the year on the back of higher interest and non-interest earnings, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

Business

Windfall profits over for Philippine lenders – S&P

By Lawrence Agcaoili | August 11, 2015 - 10:00am

Standard and Poor’s (S&P) believes the days of windfall profits for Philippine banks are over amid the expected deterioration of assets quality of banks in Southeast Asia over the next 12 to 18 months...

Business

S&P hikes Phl growth outlook

March 7, 2013 - 12:00am

Standard & Poor’s Ratings Services (S&P) raised its growth forecast for the Philippines, noting of an improving economic picture in developed markets that bodes well for the rest of the Asia-Pacific...

Business

Phl ratings upgrade not likely to impact on bank rankings

July 15, 2012 - 12:00am

The latest upgrade on the Philippines’ sovereign rating will not necessarily translate to improved ranking of local banks in a separate scale used by debt watcher Standard & Poor’s Ratings Services...

Business