RIZAL Commercial Banking Corp. (RCBC) has had its investment-grade credit rating downgraded by Moody's Investors Service while Security Bank Corp. and China Banking Corp. have had theirs maintained.

The credit rating agency said in statements on Friday that it has downwardly adjusted RCBC's deposit and senior unsecured ratings to "Baa3" from "Baa2," with a stable outlook.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details