Search For "credit losses"
Updated : 3 months, 4 weeks ago IST
Singapore, June 30 (ANI): Indian banks face systemic risk as the country sorts through the aftermath of Covid the second wave, S&P Global Ratings said on Wednesday.
Updated : 4 months, 4 weeks ago IST
Melbourne [Australia], June 1 (ANI): Credit losses are set to fall across most Asia Pacific banking systems over the next two years, S&P Global Ratings said on Tuesday.
Updated : 6 months, 2 weeks ago IST
Hong Kong, April 12 (ANI): The damage from Covid-19 crisis continues to weigh on issuer financials in Asia Pacific with S&P Global Ratings showing negative outlooks or on credit watch with negative implications on a net 16 per cent of issuers.
Updated : 8 months, 3 weeks ago IST
Singapore, February 3 (ANI): S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020 and 2021, down 15 per cent from its previous estimate of 2.1 trillion dollars in July 2020.
Updated : 1 year, 1 month ago IST
Melbourne [Australia], September 24 (ANI): COVID-19 and the oil price shock of 2020 are taking a heavy toll on global banks, S&P Global Ratings said on Thursday adding that it will be difficult for them to return to pre-crisis levels in the next three years.
Hong Kong/Shanghai, September 4 (ANI): The fall in Chinese banks' profits will accelerate in the second half of current calendar year as authorities target to more than double the amount of non-performing loans (NPLs) resolved compared with the first half of the year, Fitch Ratings has said.
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], Dec 17 (ANI): Fitch Ratings has affirmed Shriram Transport Finance Co Ltd's (STFC's) long-term issuer default rating (IDR) at BB plus with a stable outlook.