Moody's Investors Service has cut power company Tenaga Nasional's credit rating outlook amid concern it may lose its monopoly over electricity distribution in Malaysia.Thursday, 15 August, 1996, 12:00am
Moody's Investors Service has given Bangkok Metropolitan Bank a 'Baa3' long-term deposit rating, a 'Prime-3' short-term deposit rating and financial soundness rating of 'E+'.
First Bangkok City Bank has been assigned a 'Baa2' long-term deposit rating, a 'Prime-3' short-term deposit rating, and a bank financial soundness rating of 'D'.20 Jun 1996 - 12:00am
Credit agency Moody's Investors Service assigned an A2 rating to the $3 billion senior bonds of Sun Hung Kai Properties due January 2000.
It is the first time Moody's has rated local currency obligations of Sun Hung Kai or any of its subsidiaries.12 Jun 1996 - 12:00am
Moody's Investors Service has placed the long-term debt ratings of Pacific Dunlop and its guaranteed subsidiaries under review for a possible downgrade. Moody's said the Prime-1 ratings of the company were not included in the review.24 May 1996 - 12:00am
Moody's Investor Services said it had assigned long and short-term deposit ratings of A2 and Prime-1 to Taiwan's 'big three' state-run banks - First Commercial Bank, Hua Nan Commercial Bank and Chang Hwa Commercial Bank.
It assigned A3/Prime-2 long and short-term deposit ratings to Chinatrust Commercial Bank.11 Apr 1996 - 12:00am
AMERICANS made smaller credit card payments in October 1995 than they did the previous year.
It was the second consecutive month of year-on-year slowdown in the overall credit card loan repayment rate.
More consumers also defaulted on their credit cards last October than in October 1994.1 Feb 1996 - 12:00am
DEVELOPMENT Bank of Singapore (DBS) has received a strong B-plus rating from Moody's Investors Service.
The agency is issuing a new set of bank financial strength ratings (BFSRs) worldwide to gauge the 'stand-alone' strength of banks.
The DBS rating is higher than those issued to Hongkong Bank and Hang Seng Bank, which both received B ratings on Tuesday.1 Sep 1995 - 12:00am
THE bank financial strength ratings (BFSRs) have been criticised in some quarters as irrelevant because they assume a bank's stand-alone strength when no central bank with all its faculties is going to let a substantial bank collapse.30 Aug 1995 - 12:00am
RATING reports on Hong Kong or its corporations or its banks used to be rare as hen's teeth before Moody's Investors Service or Standard & Poor's (S & P) hung up their shingles in the territory.
Since they did so, a procession of corporations and banks have sought arms-length appraisals of how they measure up using the agencies' international benchmarks.23 Aug 1995 - 12:00am
MOODY'S Investors Service is using a different measure to assess the financial strength of Australian banks on a stand-alone basis - and none of the big banks qualified for the top A rating.
The new measures - bank financial strength ratings (BFSRs) - are intended to offer investors a measure of a bank's 'intrinsic safety and soundness' on a strict legal-entity basis.3 Aug 1995 - 12:00am
MOODY'S Investors has assigned a Prime-1 rating to Peregrine Investments Holdings' US$100 million Eurocommercial paper programme, which won a top rating from Standard & Poor's last week.25 Jul 1995 - 12:00am
MOODY'S has assigned a prime-1 rating to the US$150 million commercial paper programme of Sinochem American CP, a wholly-owned subsidiary of China National Chemicals Import & Export Corp.13 Jul 1995 - 12:00am
HONG KONG corporates - some of the more notable ones anyway - are taking to the ratings game with a vengeance.
Considering that Moody's Investors Service opened its doors in Hong Kong only last year, and Standard & Poor's (S & P) hung up its shingle at the start of 1995, the list of corporates opening their books to agency scrutiny is impressive.26 May 1995 - 12:00am
CHINA'S largest bank, Industrial and Commercial Bank of China (ICBC), has received credit ratings from Standard & Poor's (S&P) and Moody's for the first time.
S&P assigned the ICBC an implied senior, long-term foreign currency debt rating of BBB and a short-term rating of A2 to certificates of deposit with a positive outlook.10 Nov 1994 - 12:00am
HONG KONG'S financial landscape is changing as fast as its city-scape now that banks and investors realise that its deep pool of cash is finite.
Wharf recently became the first Hong Kong company to gain an international credit rating and one of a handful of rated corporates in the territory.22 Oct 1994 - 12:00am