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MANILA, Philippines – Ayala Corp. held on to a “A-“ foreign currency long-term issuer rating from the Japan Credit Rating Agency (JCR), a vote of confidence in the conglomerate’s diversified business portfolio, steady earnings base and prudent financial management.
In its latest rating action, JCR reaffirmed Ayala’s rating with a stable outlook, citing the group’s position as one of the Philippines’ largest and most diversified business conglomerates.
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JCR noted that the Philippines’ oldest conglomerate’s investments span a wide range of sectors, including banking, real estate, telecommunications, renewable energy, healthcare, mobility, logistics, fintech, industrial technologies and education, among others.
