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BDO Unibank, Inc., Hong Kong Branch -- Moody's affirms ratings of two Philippine banks; outlook stable

Moody's Investors Service has affirmed the Baa2 local and foreign currency deposit ratings of BDO Unibank, Inc. (BDO) and Metropolitan Bank & Trust Company (MBT). At the same time, Moody's has affirmed BDO and MBT's baa2 baseline credit assessments (BCA) and adjusted BCAs, P-2 local and foreign currency short-term deposit ratings, Baa1/P-2 local and foreign currency counterparty risk ratings, and Baa1(cr)/P-2(cr) counterparty risk assessments.