Moody’s maintains positive outlook on PH banks

Credit-ratings agency Moody’s Investors Service has maintained its positive outlook on Philippine banks, noting that the country’s economy will remain supportive of healthy banking activities.

In its just-released “Banking System Outlook: Philippines,” Moody’s said that it has maintained its positive outlook on the Philippine banking system for the next 12 to 18 months, based on its assessment factors surrounding the system.