|
|
 |
|
Viewing report
|
|
|
|
Credit FAQ Delves Further Into How S&P Rates Australia's Mid-Size Regional Banks Under Revised Bank Criteria Jan 12
Standard & Poors, Jan 2012
Abstract
SYDNEY (Standard & Poor's) Jan. 31, 2012- Standard & Poor's Ratings Services has provided further insight into its ratings on the three mid-size regional banks in Australia: Bank of Queensland Ltd. (BOQ, BBB/Stable/A-2), Bendigo and Adelaide Bank Ltd. (BEN, A-/Stable/A-2), and Suncorp-Metway Ltd. (Suncorp, A+/Stable/A-1) in a Credit FAQ published today. On Dec. 6, 2011, we affirmed our long-term 'A+' rating on Suncorp, lowered our long-term rating on BOQ to 'BBB' from 'BBB+', and raised our long-term rating on BEN to 'A-' from 'BBB+', following the publication of our new bank criteria (see Banks: Rating Methodology And Assumptions, published to the Global Credit Portal on Nov. 9, 2011). The article, titled 'Rating Australia's Mid-Size Regional Banks Under Standard & Poor's...
Companies mentioned in this report are: Suncorp-Metway Ltd.,Bank of Queensland Ltd.,Bendigo and Adelaide Bank Ltd.
Action: General Comment
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
