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S&P upgrades Philippine debt rating

S&P GLOBAL RATINGS has raised the Philippines’ credit rating by a notch, citing above-average growth and strong external and fiscal position which have boosted the country’s economic profile.

PSBank looking to issue P10-billion medium-term notes

PHILIPPINE Savings Bank (PSBank) plans to issue medium-term notes of up to P10 billion to raise fresh funds to expand its core businesses.