BDO Unibank, Inc.: Update to credit analysis
FINANCIAL INSTITUTIONS CREDIT OPINION 26 November 2020 Update RATINGS BDO Unibank, Inc. Domicile Manila, Philippines Long Term CRR Baa1 Type LT Counterparty Risk Rating - Fgn Curr Outlook Not Assigned Long Term Debt Baa2 Type Senior Unsecured - Fgn Curr Outlook Stable Long Term DepositBDO Unibank is a universal bank. Co. is engaged in providing a range of industry products and services including Lending (corporate, middle market, SME, and consumer), Deposit-taking, Foreign Exchange, Brokering, Trust and Investments, Credit Cards, Corporate Cash Management and Remittances in the Philippines. Through its subsidiaries, Co. provides Leasing and Financing, Investment Banking, Private Banking, Bancassurance, Insurance Brokerage and Stock Brokerage services. Co.'s operating segments include: Commercial banking, Investment banking, Private banking, Leasing and Financing, and Others.
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