CFIFCenter for Individual Freedom
CFIFCebu Furniture Industries Foundation, Inc. (Mandaue City, Philippines)
CFIFCell-Fusion Inducing Factor
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The Villar measure states that capitalization of this CFIF will come from all the money deposited with the United Coconut Planters Bank (UCPB) under the name of the CIIF pursuant to the provisions of Presidential Decree No.
These rating actions follow today's transfer of CFF's mortgage bonds (previously rated double-'A'-minus) to recently created CFIF, CFF's wholly owned Societe de Credit Foncier (SCF; a special-purpose financial institution designed to issue obligations foncieres).
As a result of the transfer of its low-risk residential mortgage lending business to CFIF, CFF's stand-alone profile is weakened.