Search For "downgrades"
Fitch downgrades outlook on China to negative
Updated : 1 year, 11 months ago IST
Ratings agency Fitch revised its outlook on China's sovereign credit rating to negative from stable, citing risks to the country's public finance outlook and amid a transition away from real estate sector-led growth.
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Fitch Ratings report highlights concerns as Asia-Pacific corporates face c
Updated : 2 years, 1 month ago IST
As per Fitch Ratings, the cumulative net downgrades have reached a record high of 235 since early 2019, underscoring the ongoing challenges faced by businesses in the region.
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Fitch downgrades US credit rating, White House “strongly disagrees"
Updated : 2 years, 7 months ago IST
The US government’s credit rating has been downgraded by the Fitch Ratings from AAA to AA, citing a “steady deterioration in standards of governance," CNN reported on Tuesday.
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Fitch downgrades France credit rating citing fiscal metrics weaker than pe
Updated : 2 years, 10 months ago IST
Credit rating agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday.
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Moody's downgrades long-deposit ratings of five Pakistani banks
Updated : 3 years ago IST
According to Moody's Investors Service, the five banks to be downgraded on deposit rating include Allied Bank Limited (ABL), Habib Bank Ltd (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP) and United Bank Ltd (UBL).
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Fitch downgrades India's auto loan sector outlook on economic slowdown ris
Updated : 3 years, 3 months ago IST
High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
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Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
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Credit agency Fitch downgrades Pakistan to CCC+ from B-
Updated : 3 years, 4 months ago IST
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
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Moody's downgrades 5 Pakistani banks' ratings; maintains negative outlook
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 12 (ANI): Moody's Investors Service has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks.
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Moody's downgrades Pakistan with 'C rating' after seven years
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 8 (ANI): The New York-based credit rating agency Moody's Investors Service has downgraded Pakistan's local and foreign currency and senior unsecured debt ratings to Caa1 from B3, citing increased government liquidity and external vulnerability risks and higher d
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Credit quality of India Inc strengthens in April-Sept 2022: ICRA
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
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Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 30 (ANI): Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports.
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