Bank of the Philippine Islands: Key facts and statistics - 2023

Bank of the Philippine Islands: Update to credit analysis - Credit Opinion – 2023/08/09 – US$ 250.00 – ...Bank of the Philippine Islands' (BPI) Baa2 long-term deposit and senior unsecured debt ratings reflect the bank's robust capital, which provides an adequate buffer against financial shocks; and improvements in its asset quality and profitability, in line with a rebound in the Philippines' economic activities post-pandemic. The ratings also reflect the bank's stable funding and liquidity, underpinned by a solid corporate and retail banking franchise. We expect its credit profile to remain broadly stable in the next 12-18 months in tandem with the good economic growth in the Philippines. The bank's ratings do not benefit from the Government of Philippines' (Baa2 stable) support because its baa2 Baseline Credit Assessment (BCA) is already at the same level as the sovereign rating. This also reflects our view that the creditworthiness of Philippine banks and that of the sovereign are highly correlated because of the domestic nature of the banking operations and banks' significant exposure to...

Bank of the Philippine Islands: Planned merger will have limited impact on credit quality - Issuer Comment – 2022/10/06 – US$ 200.00 – ...BDO = BDO Unibank, Inc., BPI = Bank of the Philippine Islands, MBT = Metropolitan Bank & Trust Company, PNB = Philippine National Bank, CBC = China Banking Corporation, RCBC = Rizal Commercial Banking Corporation, SECB = Security Bank Corporation, UBP = Union Bank of the Phillipines Source: Bangko Sentral ng Pilipinas...

Bank of the Philippine Islands: Key facts and statistics - H1 June 2022 - Issuer Profile – 2022/09/29 – US$ 200.00 – ...Philippines Banking 100 BPI Capital Corporation Philippines Investment house 100 BPI Direct BanKo, Inc., A Savings Bank Philippines Banking 100 BPI Asset Management and Trust Corporation Philippines Asset management 100 BPI International Finance Limited Hong Kong Financing 100 BPI Europe Plc. England and Wales Banking (deposit) 100 BPI Securities Corp. Philippines Securities dealer 100 BPI Payments Holdings Inc. Philippines Financing 100 Filinvest Algo Financial Corp. Philippines Financing 100 BPI Investment Management Inc. Philippines Investment management 100 Santiago Land Development Corporation Philippines Land holding 100 BPI Computer Systems Corp. Philippines Business systems service 100 BPI Forex Corp. Philippines Foreign exchange 100 BPI Remittance Centre (HK) Ltd. Hong Kong Remittance 100 First Far ¡ East Development Corporation Philippines Real estate 100 FEB Stock Brokers, Inc. Philippines Securities dealer 100 FEB Speed International Philippines Remittance 100 Ayala Plans, Inc....

Bank of the Philippine Islands: Update following rating affirmation - Credit Opinion – 2022/07/19 – US$ 250.00 – ...On 1 July 2022, we affirmed Bank of the Philippine Islands' (BPI) Baa2 long-term deposit and senior unsecured debt ratings with a stable outlook. BPI's Baa2 long-term deposit and senior unsecured debt ratings reflects the bank's robust capital, which provides an adequate buffer against financial shocks; and stable funding and liquidity, underpinned by a solid franchise. We expect asset quality and profitability to improve in the next 12-18 months, in line with a rebound in the Philippines' economic activities. The bank's ratings do not benefit from government support because its BCA is already at the same level as the sovereign rating. This also reflects our view that the creditworthiness of Philippine banks and that of the sovereign are highly correlated because of the domestic nature of the banking operations and banks' significant exposure to domestic sovereign debt....

Moody's affirms Baa2 long-term deposit ratings of Bank of the Philippine Islands and Metropolitan Bank&Trust Company; outlook stable - Rating Action – 2022/07/01 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...