Fitch Ratings

Sri Lanka’s large banks’ outlook worsens amidst new COVID surge

The new COVID surge that began in April may hinder GDP recovery.
6 days ago

Sri Lanka’s large banks’ outlook worsens amidst new COVID surge

The new COVID surge that began in April may hinder GDP recovery.
6 days ago

Large, mid-sized Chinese banks’ capital pressures easing: Fitch

Stress test shows NPL ratio likely to rise, but not to levels PBOC expects, the ratings agency said.

Loan forbearance extension clouds Indonesian banks’ asset quality for longer

The extension is a positive for their asset quality and profits, but credit costs will remain elevated.

More mergers of small Australian banks imminent: analysts

Two mergers were announced in August alone, and as regulatory costs remain high, more might seek to consolidate.

SEA fintechs to shift focus on profits as adoption gains pace: Fitch

The region’s large unbanked population underpins its market potential.

Philippine bank ratings at risk of another downgrade: Fitch Ratings

Fitch ratings downgrades the Philippines’ banking system operating environment score to negative.

New Zealand’s expected interest rate hike to raise banks’ profits: Fitch

However, its impact on earnings may take some time to rise as mortgages are not yet due.

Thai banks sufficiently buffered against ongoing risks: Fitch

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

Indonesian banks’ risks rise as new wave of infections dampen economic recovery

The rising number of COVID cases will delay the return to normal repayment schedules.

Taiwanese bills finance companies to be unaffected by recent COVID surge: Fitch

The country’s economic resilience has eased BFCs’ operational pressures.