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  1. Moody's upgrades seven mainland banks

    Posted Jul 27th 2007, 12:00am by Chloe Lai

    ... Chloe Lai Moody's Investors Service yesterday upgraded the long-term deposit and debt ratings on seven mainland banks from A2 to A1. They are the four state-owned banks, namely, ... and HSBC Bank (China). Moody's said the upgrade of the four state-controlled commercial banks reflected its view that the government was likely to maintain majority control and continue ...

  2. Moody's paints negative outlook for HK banking sector

    Posted Dec 31st 2009, 12:00am by Staff Reporter

    ... Isabella Steger Moody's Investors Service has issued a negative outlook for the city's banking sector for next year, citing further volatility in the global economy, aftershocks ... Hong Kong banks were unlikely to make unnecessary overseas acquisitions. Moody's stressed that Hong Kong banks did not suffer from a liquidity problem. Banks had exercised caution ...

  3. Big Four banks 'ill-equipped to cope'

    Posted Dec 08th 2004, 12:00am by Staff Reporter

    ... Bei Hu Moody's says BOC and CCB lack adequate business models to defend against liberalisation of the sector Bank of China (BOC) and China Construction Bank (CCB) have yet to develop ... to cool economic overheating may further slow reform in the state banking sector. 'Overall, Moody's believes China's banking reform efforts have been positive and substantial,' ...

  4. Mainland banks see sharp jump in profits

    Posted Jan 24th 2008, 12:00am by Enoch Yiu

    ... it expected earnings for last year to jump 100 per cent. Meanwhile, Moody's Investors Service yesterday said there was no rating impact on Bank of China related to the subprime exposure. 'We ... quarter,' said Laurie Cang, a vice-president and senior analyst at Moody's However, there could be further losses in BOC's subprime-related investments, should market conditions ...

  5. Dividend cuts lift pressure on mainland banks

    Posted Feb 08th 2012, 12:00am

    ... May Chan may.chan@scmp.com Leading mainland banks were unlikely to resort to issuing new shares or debts to raise money this year, international rating agency Moody's predicted yesterday. Christine Kuo, senior credit officer for financial institutions at Moody';s, said the recent cut in dividend payments would save them from raising capital on a 'massive' ...

  6. Austerity steps boost defaults

    Posted Aug 26th 2004, 12:00am by Louis Beckerling

    ... and a bigger rise in NPLs. They could also find it more difficult to access the public market to replenish their capital.' Moody's said the impact for bank ratings would depend on the length ... by ratings agency Moody';s, which noted that measures then being introduced to slow lending in the mainland could trigger a rise in non-performing loans (NPLs) and a fall in earnings. 'Under ...

  7. Everbright Bank gets green light to restructure

    Posted Aug 09th 2007, 12:00am by Tom Miller

    ... waiting such a long time to release it,' Ms Lin said. Moody's Investors Service gives Everbright a much healthier deposit rating of 'BA 1' after incorporating the likelihood ... and mortgage products, Moody's analyst May Yan said. Everbright's balance sheet has suffered from bad debt inherited after taking over China Investment Bank in 1999 and from loans made ...

  8. Business - Banking & Finance - REGULATION

    Basel III more meaningful at home than globally for Chinese banks

    Posted Oct 13th 2014, 04:13am by DON WEINLAND

    ... tougher capital requirements. As bank lending to loss-making projects slows, shadow banking soared to 66 per cent of mainland GDP at the end of last year, according to Moody's Investors ...

  9. ICBC fast-forwards listing to next year

    Posted Sep 10th 2005, 12:00am by Eric Ng

    ... sector's NPL ratio was about 8 per cent at the end of June, down 4.5 percentage points from January last year. Separately, Moody's has put China Construction Bank's 'E+' bank ... peers,' Moody's noted. 'A significant and prolonged downturn in the sector could adversely affect CCB's asset quality.' Sources said CCB planned to list its stock by early ...

  10. HK banks running risk of credit rerating, Fitch says

    Posted Oct 25th 2011, 12:00am

    ... Moody's senior analyst Sonny Hsu said he did not expect a significant rise in mainland-related impaired loans among Hong Kong lenders and that their outlooks are stable. 55% Increase in loans ...




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