The Hong Kong Monetary Authority said it would recognise the credit ratings of Thomson BankWatch in assessing a debt issue's eligibility to access the Liquidity Adjustment Facility (LAF).Tuesday, 16 September, 1997, 12:00am
The Hong Kong Monetary Authority said it would recognise the credit ratings of Thomson BankWatch in assessing a debt issue's eligibility to access the Liquidity Adjustment Facility (LAF).
The move would enable the SAR's discount window to accept debts with credit ratings from five agencies, compared with the previous four.16 Sep 1997 - 12:00am
MOODY'S Investors Services said several Thai banks could face solvency problems but failures were unlikely, clarifying a prediction by an agency official that five banks could collapse.
The weakest Thai banks were likely to require official assistance to stay afloat, Moody's was cited as saying in a report yesterday.14 Sep 1997 - 12:00am
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. Moody's said it cut the ratings outlook to negative from stable after a 12-hour nationwide power cut on August 3 raised concern the government may let other companies distribute power.15 Aug 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