GT Capital Holdings (GTCAP PM) - A Philippines Recovery Prospect
GT Capital provides high-quality, yet high beta exposure to the Philippines recovery though banking, autos, utilities, and property
231 Views
Bank Credit Compass: September Expectations and August Performance in Asia
We may be closer to market tights in terms of credit spreads than we expected one week ago. We are not convinced that the Fed can meet its new.. .
291 Views
Bank Rakyat Indonesia: Pondering Pricing on a Promised New Issue
Bank Rakyat Indonesia Persero (BBRI IJ) could price a potential five-year senior unsecured US$-bond at 200 basis points over similar maturity US...
264 Views
Rizal Commercial Bank’s Inaugural AT1 Bond: Caveat Emptor
Caveat emptor. That is, let the buyer beware. Rizal Commercial Bank's (RCB PM) Additional Tier 1 (AT1) bond should be un-investable for many. This...
328 Views
Philippine Bank Asset Quality: Reported Versus Reality and Relative Value
Rizal Commercial Banking (RCBPM) and Union Bank of the Philippines (UBPPM) present their respective non-performing loan (NPL) ratios net of...
340 Views