S&P Global Ratings
S&P Global Ratings is an American credit rating agency. It is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. It publishes financial research and analysis on stocks, bonds, and commodities.
APAC lenders turn picky amidst trade disputes
APAC lenders turn picky amidst trade disputes
China, Australia, New Zealand, and South Korea may be most impacted.
APAC banks face potential impact from falling property prices
China’s declining property sales and home prices signal weakened confidence.
Crackdown may slow Vietnam banking processes: S&P
Vietnamese bank’s failure reveals corruption, fraud and violations in sector.
Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout
By 2023, cash in hand of $3.7b was enough to cover the acquisition.
APAC banks face mounting credit losses from property exposure
Credit losses could rise 7% to $490b in 2023, S&P Global Ratings projected.
Expect ‘stagnant’ Chinese structure finance market in 2024: S&P
Issuance momentum of dominant segments will reportedly remain slow.
Philippine banks to see higher credit demand but lower earnings in 2024
The bad loan ratio is expected to deteriorate, but it should be manageable.
New Zealand banks to persevere amidst inquiry by Commerce Commission: S&P Global
The banks, Australia-owned, hold a total market share of 85%.
Asian fintechs to outpace global competitors; China posts tepid growth
S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.
Vietnam banks may face challenges in paying back real estate loans: S&P
7% of Vietnam banks’ loan portfolios come from property loans.
1 in 5 Thai banks’ restructured loans will go bad: analyst
SMEs will likely struggle to make payments as production costs squeezes profits.
Singapore banks face tepid loan growth; interest margins to peak in 2023
Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.
Manappuram Finance reputation at risk amidst invention
The Indian NBFC may be facing money laundering investigations.
Australian banks’ cyber risk growing: S&P
Regional lenders are most vulnerable, especially to a data breach.
Southeast Asia’s $290b Islamic bank market poised for growth: S&P
In Malaysia, Islamic banks may account as much as 45% of the commercial loan book.
Indonesia’s big four banks’ asset qualities remain under pressure in 2022
The banks’ credit costs are sighted to remain elevated.
APAC banks on track for LIBOR phase-out: S&P
Singapore banks are leading the way in adopting alternative reference rates.