Page 8 - Bank Outlook News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Bank outlook. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Bank Outlook Today - Breaking & Trending Today

Fitch: Rating outlooks have turned negative for banks in 2021


KUALA LUMPUR (Jan 6): Rating outlooks have turned negative for banks in most jurisdictions this year compared to 2020, said Fitch Ratings.
In its 2021 Global Banks Outlook Compendium , the rating agency said this reflects downside risks to its baseline scenario from a potentially sluggish economic recovery following sharp deterioration in 2020 owing to the pandemic.
It said negative rating outlooks also reflect pressure on sovereign support-driven ratings.
“We expect asset-quality risks to crystallise in 2021 as government support measures for economies and borrowers are unwound, while an extended period of low interest rates will affect profitability.
“Pressure on ratings could increase if the economic downturn is more prolonged than we expect,” it said. ....

Kuala Lumpur , Global Bank Outlook Compendium , Fitch Ratings , Bank Outlook , குவாலா லம்பூர் , ஃபிட்ச் ரேடிஂக்ஸ் , வங்கி ஔட்‌லுக் ,