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New York-based Standard & Poor’s yesterday reaffirmed its stable credit rating outlook on Development Bank of the Philippines (DBP) on the back of its healthy capitalization and profitability.
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WILLIAM HESS

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S&P reaffirms stable outlook on DBP

By Lawrence Agcaoili | March 8, 2010 - 12:00am

New York-based Standard & Poor’s yesterday reaffirmed its stable credit rating outlook on Development Bank of the Philippines (DBP) on the back of its healthy capitalization and profitability.

Business