In the six months ended September 2011 (H1 FY11), net income of the 10 largest regional banks was largely supported by bond gains and lower-than-expected credit costs, while core profitability remained sluggish with an average loan-deposit spread of 1.56%, though total loans grew by 1%. อ่านต่อ
Philippine banks’ ratings stable despite global risks
Fitch Ratings says in a new report that the Rating Outlooks on the major Philippine banks are likely to remain Stable, given their ability to withstand a fresh economic slowdown and to preserve their liquidity and satisfactory อ่านต่อ…
Manageable risks for Hong Kong banks from Europe exposure
Fitch Ratings says in a new report that Hong Kong banks should be able to withstand major contagion risks from deterioration in Europe, including the risk that European banks withdraw their funding from อ่านต่อ…
TRIS Rating Views on Rating of “ThaiBev” to Withstand the Acquisition of “SSC”
TRIS Rating Co., Ltd. today says the company rating of Thai Beverage PLC (ThaiBev) to remain unchanged following the announcement to acquire Serm Suk PLC (SSC), on the back of the companys strong financial profile and sufficient liquidity to cushion against expected rise in อ่านต่อ…
Fitch: Singapore banks likely to withstand global headwinds
Fitch Ratings has today said in its comment that Singapore banks, DBS Bank Ltd, Oversea-Chinese Banking Corp and United Overseas Bank – all rated ‘AA-’ – are likely to maintain their sound credit profiles, in spite of growing uncertainty over the global อ่านต่อ…
Upgrades Expected To Outpace Downgrades Through Midyear, Article Says
So far in 2011, credit trends have improved, with upgrades outpacing downgrades 1.7 to 1. Notwithstanding a prolonged shock from energy prices, Standard & Poor’s continues to expect credit quality to improve moderately through the first half of 2011, said an article published today, titled อ่านต่อ…
Protecting hospitals and health centres before disasters saves lives
The destruction of hundreds of hospitals and clinics in Pakistan’s ongoing floods, Haiti’s earthquake and other disasters underscores the threats faced by health services today in urban areas throughout the world, and the need to ensure such facilities can withstand emergencies and keep saving อ่านต่อ…
Moody’s: continued negative outlook for Bahrain’s banking system
The outlook for Bahrain’s banking system remains negative, reflecting expectations that challenging credit and business conditions will continue over the medium term, notwithstanding the odest rebound in the economy in 2010, says Moody’s Investors Service in its ew Banking System Outlook on อ่านต่อ…
Moody’s says South Korea in strong position in face of rising tensions
Moody’s Investors Service says that South Korea’s geopolitical defenses and economic fundamentals should prove strong enough to withstand a period of heightened tensions. The stable outlook on Korea’s A1 rating remains อ่านต่อ…
Report Looks At G-20 Rating Trends For The Coming Year
In a report released today titled, "The G-20: Will There Be A Changing of the Guard?" Standard & Poor’s Ratings Services looks at the sovereign rating fundamentals of the G-20 member governments. "Notwithstanding the deterioration of public finances and growth prospects for many อ่านต่อ…
Seiko Marine Sport … Worthy companion in and out of the water
Seiko delights waterbound watch enthusiasts once again with Seiko Marine Sport. The athletic timepiece is capable of withstanding the rigors of outdoor activities and is water resistant to the depth of 100 meters, thanks to the screw-down อ่านต่อ…
Fitch’s Stress Test Reveals Most Philippine Banks Resilient for Downturn; Rating Outlooks Stable
Fitch Ratings has today said that notwithstanding extremely challenging macroeconomic conditions and reasonably-stressed assumptions simulated by the agency, the probability of capital impairment for most Philippine banks still appears low. Also, the agency notes the banks’ earnings – although อ่านต่อ…
Fitch’s stress test reveals Singapore banks resilient to downturn
Fitch Ratings has said that notwithstanding extremely challenging macroeconomic conditions and reasonably-stressed assumptions simulated by the agency, the probability of capital impairment for Singapore banks still appears fairly low. The agency also notes that the banks’ earnings – although อ่านต่อ…
TRIS Rating Views ThaiBevs Rating to Withstand Excise Tax Hike
TRIS Rating Co., Ltd., the Thai rating agency, foresees a rise in the excise tax on alcoholic beverages will limit on beer consumption. However, the effect on the credit rating of Thai Beverage PLC (ThaiBev), which is still at AA-, should be minimal on the back of the companys strong market อ่านต่อ…
Taiwan securities firms have satisfactory capital buffer
Fitch Ratings said that the results of the agency’s stress test of Taiwanese securities firms indicate a generally very strong capacity for the firms to withstand a much more challenging economic environment, albeit varying considerably depending on size, operational focus (transactional or อ่านต่อ…
Fitch reviews ratings for banks in Hong Kong
Fitch has said in a just released report, "Stress Test of Hong Kong Banks Highlights General Robustness", that it believes Hong Kong’s banks are generally well placed to withstand the significant level of asset quality stress that is likely to arise over the next couple of years as the อ่านต่อ…
Islamic banks not unduly challenged by oil price drop and crisis
The worldwide fall in oil prices and the global economic crisis has affected the Islamic finance industry, but the institutions’ accumulated liquidity and capital will help them withstand these pressures, says Moody’s in a new Special Comment.
According to Moody’s, the drop in oil prices poses two อ่านต่อ…
Hong Kong’s Government Creditworthiness Expected To Withstand Short-Term Fiscal Slippage
Standard Poor’s Ratings Services expects the Hong Kong government’s creditworthiness will weaken as a result of expected near-term fiscal developments. We project Hong Kong’s real GDP growth in 2009 at negative 2.5%. This will lower government income sharply while increasing the need for อ่านต่อ…
Hong Kong’s government creditworthiness expected to withstand short-term fiscal slippage
Standard Poor’s Ratings Services expects the Hong Kong government’s creditworthiness will weaken as a result of expected near-term fiscal developments. We project Hong Kong’s real GDP growth in 2009 at negative 2.5%. This will lower government income sharply while increasing the need for อ่านต่อ…
KASIKORNBANK Honored as Thailands Strongest Bank
KBank was honored as Thailands Strongest Bank by The Asian Banker Journal, and it was the only bank in Thailand to be ranked as one of Asia Pacifics Top 100 Banks, thanks to the Banks outstanding ability to withstand a loss and profitability.
Dr. Prasarn Trairatvorakul, the president of อ่านต่อ…
Moody’s says India’s fundamentals support Baa3/Ba2 ratings
Moody’s Investors Service says in a new report that the Indian economy’s external fundamentals are strong enough to withstand a wide range of potential shocks, including sudden reversals in short-term capital flows, a sharp slowdown in global growth, and weak government finances, or a slowing in อ่านต่อ…
Eurail Passenger Growth Positive, Setting New Record
Eurail One-Country Passes Prove to be a Great Success
The Eurail Group, owner of the popular Eurail Pass for European rail travel, has announced a 5% increase in passenger numbers for 2007, notwithstanding forecasts of a lukewarm year for the travel industry. Passenger numbers exceeded 468,000 อ่านต่อ…
RELEASE OF VISITOR ARRIVALS FOR JANUARY 2008
Figures released by the Hong Kong Tourism Board (HKTB) showed that visitor arrivals in January 2008 reached 2,518,566, 16.2% more than in the same month in 2007.
The achievement is especially notable as it represents all-round performance of markets worldwide. Notwithstanding the high starting อ่านต่อ…
Fitch Affirms Thailands Krung Thai Bank
Fitch Ratings has today affirmed the ratings of Krung Thai Bank Public Company Limited (KTB), notwithstanding weaker results in 2007 due to higher provisioning, as its performance is expected to improve in 2008. KTBs ratings are as follows: Long-term foreign currency Issuer Default Rating (IDR) at อ่านต่อ…
Fitch affirms Thailand’s Krung Thai Bank
Fitch Ratings has affirmed the ratings of Krung Thai Bank Public Company Limited (KTB), notwithstanding weaker results in 2007 due to higher provisioning, as its performance is expected to improve in 2008. KTB’s ratings are as follows: Long-term foreign currency Issuer Default Rating (IDR) at อ่านต่อ…