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ARCHIVE | Criteria | Financial Institutions | Banks: Updated Assumptions For Problem Assets And Credit Costs For Banks In Russia May 10
Standard & Poors, May 2010
Abstract
The assumptions are for the three-year period from 2010 to 2012, compared with the three-year period from 2009 to 2011 for our previous assumptions. Under our base scenario, we assume that credit losses for the Russian banking industry will total 8.6% of loans over 2010-2012, compared with the previous assumption of 14% over 2009-2011 . Under our downside scenario, we assume that credit losses for the Russian banking industry will total 14.4% of loans over 2010-2012, compared with the previous assumption of 29% over 2009-2011. Under both scenarios, we assume that credit costs will start to gradually decline this year, alongside stabilization of the Russian economy. On a case-by-case basis, we will apply customized assumptions to loans and other assets...
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.
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