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A service for global professionals · Thursday, May 19, 2022 · 573,113,684 Articles · 3+ Million Readers
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Credit Rating Newswire

  • Published on May 18, 2022

    Arada gets top Fitch, Moody's credit ratings for strong track record

    Moody’s Investor Services and Fitch Ratings have assigned Arada first-time credit ratings, which provide a strong foundation for the UAE developer to cement its long-term growth.    Two of the world’s top ratings agencies that evaluate the creditworthiness …

    Source: Trade Arabia - Neutral
  • Published on May 17, 2022

    S&P upgrades outlook for largest Irish banks’ credit ratings

    Standard & Poor’s has raised its outlook for the credit ratings of Bank of Ireland and AIB as the lenders are poised to benefit from ongoing consolidation of the industry in Ireland and continuing declines in the levels of problem loans. S&P, which …

    Source: The Irish Times - Neutral
  • Published on May 17, 2022

    Credit Suisse hit with credit rating downgrade by S&P after string of scandals

    Tuesday 17 May 2022 12:31 pm Scandal-stricken lender Credit Suisse has been hit with a downgrade by credit rating firm Standard & Poors after slumping to a loss in the first quarter of the year. S&P downgraded the firm to BBB from BBB+, while its …

    Source: City A.M. - Uncategorized
  • Published on May 17, 2022

    Arada builds foundation for long-term growth with successful award of credit ratings

    SHARJAH, 17th May, 2022 (WAM) -- Moody’s Investor Services and Fitch Ratings have assigned Arada first-time credit ratings, which provide a strong foundation for the UAE developer to cement its long-term growth. The successful award of the ratings, just …

    Source: Emirates News Agency - Gov't Propaganda
  • Published on May 17, 2022

    Arada builds foundation for growth with award of credit ratings

    Sharjah 24: Moody’s Investor Services and Fitch Ratings have assigned Arada first-time credit ratings, which provide a strong foundation for the UAE developer to cement its long-term growth. The successful award of the ratings, just five years since the …

    Source: Sharjah24 - Pro-Government
  • Published on May 16, 2022

    African ministers must act now on credit ratings

    African ministers of finance, economic development, and planning have been meeting in Dakar for the Economic Commission for Africa’s (ECA) 54th conference, focusing on “Financing Africa’s recovery: breaking new ground.”  And indeed, there is a compelling …

    Source: African Business - Neutral
  • Published on May 15, 2022

    African Union Chief Wants Pan-African Credit Ratings Agency

    Dakar, Senagal —  Senegal President Macky Sall called Sunday for the creation of a pan-African credit ratings agency, saying that the "very arbitrary" nature of the system of assessment by international organizations made it more expensive for …

    Source: Voice of America - Public Broadcaster
  • Published on May 16, 2022

    AM Best Affirms Credit Ratings Of Lumen Re

    AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” [Excellent] of Lumen Re Ltd. [Lumen Re] [Bermuda]. The outlook of these Credit Ratings [ratings] is stable. A statement from the ratings …

    Source: Bernnews - Neutral
  • Published on 11:20 GMT

    Column: Island On Path Of Economic Recovery

    [Opinion column written by MP Jache Adams] All of Bermuda, regardless of political orientation, should be encouraged by the news that rating agency Standard & Poor’s [S&P] has reaffirmed Bermuda’s: A+ Sovereign Credit Rating A-1 short term rating …

    Source: Bernnews - Neutral
  • Published on 08:35 GMT

    Don’t ignore Sister Moody’s

    WhatsApp Facebook Twitter Email Messenger This post has been read 1569 times! I learned from my banking experience that the first question that should be asked to the loan applicant is to determine the sources of his income, and how the loan will be repaid …

    Source: Arab Times - Uncategorized
  • Published on 08:44 GMT

    Moody’s completes acquisition of GCR Ratings

    Moody’s Corporation has completed the acquisition of a majority (51%) stake in Global Credit Rating Company Limited (GCR). Marc Joffe, chief executive officer (CEO) of GCR, said this in a statement made available to TheCable on Thursday. With the …

    Source: The Cable - Uncategorized
  • Published on 09:56 GMT

    Rising battery costs will lead automakers to explore tie-ups for scale: S&P Global Ratings

    Highlights Automakers to explore new tech options The price of cathode materials more than doubled in 12 months LFP battery tech gains popularity Battery prices are set to halt their long-running decline, rise in 2022, and remain high in 2023, which will …

    Source: S&P Global - Neutral
  • Published on 08:38 GMT

    Fitch affirms Mongolia's rating at "B" with stable outlook

    ULAN BATOR, May 19 (Xinhua) -- The credit rating agency Fitch Ratings has affirmed Mongolia's long-term foreign-currency issuer default rating at "B" with a stable outlook, according to the agency's report released on Wednesday. Mongolia…

    Source: Xinhua Net - Gov't Propaganda
  • Published on 10:39 GMT

    Five tips to help reduce the rejection rate when applying for online loans

    Once in your lifetime, you may hit an economic low. Many things or situations need financial intervention at a certain point. Some are predictable, while others are totally unpredictable, and you may not have planned for them in previous budgets.  During …

    Source: Travel Daily News - Neutral
  • Published on 06:44 GMT

    Stock Futures Drop After Selloff, Global Stocks Slide

    Stock futures slid, pointing to deeper losses for U.S. markets on growing worries of an economic slowdown. Futures for the S&P 500 fell 1.6%, suggesting the S&P 500 will open close to bear market territory—market shorthand for a 20% fall from a …

    Source: Wall Street Journal - Neutral
  • Published on 10:02 GMT

    EUROPEAN MIDDAY BRIEFING - Recession Fears, U.S. Earnings Doubts Hammer Stocks Again

    MARKET WRAPS Stocks: European shares were deep in the red Thursday, tracking selloffs in the U.S. and Asia on heightened concerns that high inflation and slowing growth raise the risk of a global downturn. Some major U.S. retailers have this week reported …

    Source: Market Screener - Neutral
  • Published on 07:20 GMT

    Credit Suisse downgraded by Fitch, move follows S&P

    ZURICH (Reuters) - Credit Suisse has received its second ratings downgrade this week, adding further pressure to the beleagured Swiss lender which has been under fire over a series of losses and scandals. Fitch downgraded Credit Suisse's long-term …

    Source: Cape Breton Post - Neutral
  • Published on 07:24 GMT

    NHMFC raising P715-M from asset-back notes issue

    National Home Mortgage Finance Corporation (NHMFC) is raising P715.15 million through a planned fifth securitization exercise called “BALAI Shelter Compliance ABS.” This is for a portion of the socialized housing loan portfolio it acquired from the Home …

    Source: Manila Bulletin - Pro-Government
  • Published on 07:21 GMT

    Tshwane to continue disconnecting municipal services to defaulting clients

    Pretoria - Tshwane MMC for finance Peter Sutton has vowed that the municipality will continue to collect debts following the aggressive #TshwaneYaTima revenue-collection campaign early this year when municipal services to defaulting clients were …

    Source: Pretoria News - Uncategorized

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  • Published on April 8, 2022 - 03:15 GMT

    Fitch Ratings Maintains Macao SAR’s Long-Term Credit Ratings at “AA”

    MACAU, April 7 - Fitch Ratings announces today that it maintains Macao SAR’s credit ratings (long-term foreign and local currency issuer default ratings) at “AA” with a “stable” outlook. The international rating agency reaffirms Macao SAR’s “AA” rating ( …

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  • Published on May 13, 2022 - 04:04 GMT

    VN's GDP to grow by 5.5-6%, risk and inflation on the rise

    VIETNAM, May 13 -   Panellists at the Việt Nam Economic Forum 2022-2023, organised by the Ministry of Planning and Investment (MPI). Photo courtesy of MPI. HÀ NỘI — Việt Nam's GDP was forecast to grow by 5.5-6 per cent this year, albeit with …

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