|
|
 |
|
Viewing report
|
|
|
|
Bank Industry Risk Analysis: Finland (Republic of) Oct 05
Standard & Poors, Oct 2005
Abstract
A stable macroeconomic environment; A highly competitive, export-oriented economy, with little apparent systemic risk; A highly concentrated, with relatively stable and high profitability, and well capitalized; and Quality financial regulation, with prudential and dynamic supervision. Increased reliance of banks and households on short-term and floating-rate financing, which exposes them to market risks; Reliance of the Finnish corporate sector and the economy on a handful of players in a few industries; and Persistently high long-term structural unemployment may pose a potential threat to the system. The financial strength of the banking system in the Republic of Finland is robust. Finland's three large financial institutions continue to report high profitability, underpinned by solid revenues and extremely low loan losses. The banking industry...
Companies mentioned in this report are: Finland (Republic of),Sampo Bank PLC,Pohjola Bank PLC,If P&C Insurance Ltd. (publ),Nordea Bank AB
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
