Tag Archives: Bank of Commerce

Bank of Commerce to Pursue a P1.2 Billion Tier-2 Issue; Gets a PRS A Rating

“The rating for Bank of Commerce’s proposed P1.2 billion in unsecured subordinated notes is PRS A,” PhilRatings announced. A rating of PRS A means that: “…the issue has favorable investment attributes and is considered as an upper-medium grade obligation. Factors giving security to principal and interest are considered adequate, but elements may be present which […]

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