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Q&A: Canadian Banks Weather The Economic Storm Apr 10 Product Image

Q&A: Canadian Banks Weather The Economic Storm Apr 10

  • Published: April 2010
  • Region: Canada
  • Standard & Poors

In the following series of questions and answers, Standard & Poor's Managing Director Tanya Azarchs discusses the outlook for Canadian banks. This article was written in conjunction with a series of Q&A sessions conducted for Standard & Poor's CreditMatters TV. (And watch the related CreditMatters TV segment titled, "Canadian Banks: What?s Spurring Their Success," dated March 31, 2010.) Canadian banks have come out of the recent financial crisis in pretty good shape, as a kind of a model banking system, because they did not have any need to raise capital. They entered the crisis with a lot of capital. There were no apparent liquidity crunches, and no bank failed. They came through it in pretty good shape, and that is...

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 READ MORE >

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