Singapore, March 26 (ANI): A rise in yields for long-dated sovereign bonds will result in near-term losses for the Asia Pacific (A-Pac) banks as they recognise valuation changes on their available-for-sale (AFS) bond portfolios, according to Fitch Ratings.
Singapore, March 16 (ANI): Fitch Ratings on Tuesday affirmed IIFL Finance Ltd's long-term issuer default rating at B-plus and removed the rating from rating watch negative (RWN).
Singapore, March 15 (ANI): Fitch Ratings on Monday assigned Clean Renewable Power (CRP) Mauritius Pte Ltd's proposed US dollar senior secured notes due 2027 an expected rating of BB-minus with a stable outlook.
London [UK], March 13 (ANI): Government support for banks in emerging markets (EMs) is unlikely to weaken materially despite greater adoption of bank resolution regimes, Fitch Ratings has said.
Singapore, March 12 (ANI): There is no credit impact on Adani Ports and Special Economic Zone (APSEZ) from its proposed acquisition of a minority 31.5 per cent stake in Gangavaram Port Ltd (GPL) from Warburg Pincus Llc, according to Fitch Ratings.
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
Hong Kong, March 8 (ANI): Fitch Ratings has assigned Indian Railway Finance Corporation's (IRFC's) proposed US dollar Regulation senior unsecured notes a rating of BBB-minus.
London [UK], February 26 (ANI): Global container shipping companies' performance will be strong in 2021 after a profitable 2020, according to Fitch Ratings.
Singapore, February 23 (ANI): Fitch Ratings said on Tuesday the proposed reorganisation plan by Reliance Industries Ltd (RIL) to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary as a step towards facilitating participation by strat
London [UK], February 19 (ANI): Fossil fuel exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades, Fitch Ratings has said in a new report.