Asialink gets ‘BB’ credit rating from S&P

MANILA, Philippines – S&P Global Ratings assigned its “BB” long-term credit rating to Asialink Finance Corp.—below investment grade—citing the Philippine financing firm’s robust capitalization and good profitability that provide a buffer against asset-quality headwinds from rapid loan expansion. In a statement on Monday, the debt watcher also gave Asialink—a lender to micro, small and medium