• Wed
  • Sep 17, 2014
  • Updated: 9:43pm

Moody's

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.

Thursday, 1 February, 1996, 12:00am

DBS stands alone strong on Moody's high rating

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

Ratings not flattery

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

New ratings could boost banker egos

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

A-rating eludes big Australians

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

Top-rated

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

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