Fitch: Bangladesh Budget Sets Optimistic Revenue, Growth Targets
Jun 08, 2015 06:14 am UTC| Research & Analysis
Bangladesh (BB-/Stable) may struggle to meet some key revenue and growth targets set out in its FY15-FY16 budget, Fitch Ratings says. The targets are highly ambitious, while continued political tensions point to...
Fitch: Greece IMF Bundling Highlights Extreme Liquidity Pressure
Jun 05, 2015 13:28 pm UTC| Research & Analysis
Greeces decision to bundle four payments due to the IMF this month highlights the extreme pressure on government funding, Fitch Ratings says. It does not have direct implications for Greeces CCC sovereign rating.Greece has...
Moody's: Australian banks' domestic funding gap continues to narrow, a credit positive
Jun 05, 2015 10:28 am UTC| Research & Analysis
Moodys Investors Service says that Australian banks domestic funding gap -- namely, the proportion of loans at their domestic operations not funded by customer deposits -- continues to narrow. This is credit positive for...
Moody's: Australian banks' domestic funding gap continues to narrow, a credit positive
Jun 05, 2015 10:28 am UTC| Research & Analysis
Moodys Investors Service says that Australian banks domestic funding gap -- namely, the proportion of loans at their domestic operations not funded by customer deposits -- continues to narrow. This is credit positive for...
Fitch: Lower Dairy Prices Will Pressure NZ Banks' Asset Quality
Jun 05, 2015 02:19 am UTC| Research & Analysis
A second year of low milk prices will raise asset-quality pressure at New Zealand banks, says Fitch Ratings. The full impact will depend on how long it will take milk prices to recover, and on future interest rates and the...
Fitch: Japanese Non-Life Insurers to Continue Seeking Overseas M&A
Jun 05, 2015 00:07 am UTC| Research & Analysis
Fitch Ratings says in a new report that Japanese non-life insurers are likely to continue to look for MA opportunities overseas to improve returns from the capital that will be released by continued reduction of their...
Fitch: Japan Life Insurers to Continue Increasing Foreign Bond Investment
Jun 05, 2015 00:04 am UTC| Research & Analysis
Fitch Ratings says in a new report that it expects Japanese life insurers to continue to raise the allocations to high-grade foreign bonds in their investment portfolio because bond yields in Japan remain very low.Fitch...
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