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VCSC Daily - Stocks extend climb higher – BID, FPT, TCM, TLG

BID: S&P affirms “stable" outlook for BIDV rating. S&P performed its annual review and affirmed a “stable” outlook for BID's short-term and long-term issuer credit ratings of B and B+, respectively, for 2017. The “stable” outlook reflects S&P’s expectation that BIDV will maintain its strong franchise, satisfactory profitability and improve its asset quality, especially via the resolution of legacy bad loans over the next 12 to 18 months.