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.Thursday, 1 February, 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