|
|
 |
|
Viewing report
|
|
|
|
2006 Fire Dog Year Shines Brightly For Asian Banks Jan 06
Standard & Poors, Jan 2006
Abstract
A confluence of favorable environmental and operational factors indicate that the outlook for Asian banks remains bright going into 2006-year of the Fire Dog in the Chinese lunar calendar. Nonetheless, bank management teams still need to sink their teeth into outstanding issues to prepare for unexpected shocks and the inevitable future cyclical downturn. Still-strong (albeit slowing) regional GDP growth, improving asset quality, stable and increasingly diverse earnings, and increased management emphasis on risk controls support the banks' improved credit profiles. To a certain degree, Standard & Poor's Ratings Services had factored these improvements and expectations into its upgrade on bank ratings in 2005. Outstanding issues in the banks' environment include inherent volatility of economies in which the banks operate and,...
Companies mentioned in this report are: Australia (Commonwealth of) (Unsolicited Ratings),Japan (Unsolicited Ratings),Hong Kong (Special Administrative Region),Malaysia,Thailand (Kingdom of),Korea (Republic of),Singapore (Republic of) (Unsolicited Ratings),Taiwan (Republic of China) (Unsolicited Ratings),India (Republic of) (Unsolicited Ratings),China (People's Republic of ),Indonesia (Republic of),Philippines (Republic of the),Mizuho Bank Ltd.,Vietnam (Socialist Republic of)
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.
|
|
|
|
