• Tue
  • Sep 16, 2014
  • Updated: 11:27am


Negative outlook for Tenaga

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

Metropolitan gets Baa3

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

Moody's rates SHKP bonds

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

Dunlop review

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

Assets deteriorating

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

Credit users to repay less

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