Fitch: India Bank Credit Profiles at Risk Without More Capital
Feb 19, 2016 05:43 am UTC| Research & Analysis
The standalone credit profiles of many Indian public sector banks should come under pressure unless there is meaningful action to restore capital adequacy, says Fitch Ratings. Significant quarterly losses reported at...
Moody's: EMEA high-yield market sees worst January since 2009
Feb 18, 2016 08:12 am UTC| Research & Analysis
High-yield bond issuance in Europe, the Middle East and Africa has hit its worst January record since 2009, as market conditions remain challenging, says Moodys Investors Service in the January edition of "High Yield...
Moody's: Singapore banks' asset quality and profitability under pressure amid oil and gas weakness
Feb 18, 2016 04:47 am UTC| Research & Analysis Economy
Moodys Investors Service says that the 2015 results of Singapore lenders Oversea-Chinese Banking Corp Ltd (OCBC; Aa1/Aa1 stable, aa3) and United Overseas Bank Limited (UOB; Aa1/Aa1 stable, aa3) point to rising pressure on...
Fitch: Islamic Finance in Malaysia: An Evolved Sector
Feb 18, 2016 02:02 am UTC| Research & Analysis
Malaysia is leading the global Islamic finance industry in terms of regulation, standardisation and sukuk issuance, representing more than half of issuance worldwide in 2015, Fitch Ratings says in a new...
Moody's: Increased risks to global growth cloud outlook in 2016-17
Feb 18, 2016 01:13 am UTC| Research & Analysis Economy
Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing conditions in some countries weigh on the economy, Moodys Investors Service said in a...
Fitch Rates State of Bremen's EUR600m Bond 'AAA(EXP)'
Feb 17, 2016 12:54 pm UTC| Research & Analysis
Fitch Ratings has assigned the State of Bremens EUR600m fixed-rate bond (DE000A1680L2), due 22 February 2024, an expected Long-term local currency rating of AAA(EXP). The senior unsecured issue will rank pari passu with...
Moody's assigns provisional (P)Baa2 rating to the Philippines' forthcoming global bond offering
Feb 17, 2016 06:57 am UTC| Research & Analysis
Moodys Investors Service (Moodys) has assigned a (P)Baa2 rating to the Government of the Philippines US dollar bond offering maturing in 2041. RATINGS RATIONALE The Philippines Baa2 government bond rating is...
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