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Sep 17, 2014

UAE banks credit grow seen at 8-9% in 2014-15: S&P

The UAE banking system credit growth was about 4% in the first five months of 2014 and international ratings agency More.....

Sep 18, 2014

Earnings prospects for GCC banks 'healthy', says S&P

Ratings agency expects to see improving asset quality and falling credit losses for most Gulf bank...

Sep 17, 2014

AIB, BoI in better shape but lending down - Standard & Poors

Rating agency Standard & Poors (S&P) says Allied Irish Bank and Bank of Ireland have improved their ability to meet the cost of any new emergency. The rating agency revised upwards its assessment of the liquidity positions of both banks. AIB,... #Bank of Ireland #Europe #Western Europe #European Central Bank

Sep 16, 2014

Turkey's Erdogan warns Moody's and Fitch of political motives in assessments - report

Turkish President Tayyip Erdogan has accused rating agencies Moody's Investors Service and Fitch Ratings of political motives in their assessments of the Turkish economy, and warned Ankara could cut its ties with them, local media reported on Tuesday... #Ankara #Moody's #Fitch Ratings #Turkey #Qatar

Sep 17, 2014

UAE banks credit growth seen at 8-9% in 2014-15: S&P

The UAE banking system credit growth was about 4% in the first five months of 2014 and international ratings agency More..... #Ankara #Moody's #Fitch Ratings #Turkey #Qatar

Sep 17, 2014

Funding risks remain for several euro zone banks - S&P

Some euro zone banks have insufficient liquidity and several will continue to require support from the European Central Bank after long-term funding help runs out at the start of next year, credit ratings agency S&P said. S&P said refinancing... #European Central Bank #Europe #National Bank of Greece #Banco Popular Espanol #Dexia #Bankia

Sep 17, 2014

e-day: Top tips to ensure your business is ready for life without cheques

From Friday September 19, government, its departments and agencies will no longer issue cheques to or accept cheques from businesses. So from a business perspective this will impact on payments to government such as VAT and commercial rates as well a... #European Central Bank #Europe #National Bank of Greece #Banco Popular Espanol #Dexia #Bankia

Sep 15, 2014

S&P lowers Islip's bond rating to AA+

A bond rating agency has lowered the ratings of Islips general obligation bonds, citing the towns adequate budgetary performance and management conditions. Standard & Poors has lowered the rating to AA+ from AAA, with a stable outlook. Our previo... #European Central Bank #Europe #National Bank of Greece #Banco Popular Espanol #Dexia #Bankia

Sep 15, 2014

S&P: California recovers growth with tax increases

Rising income inequality has led to slowing tax revenue growth in California, but the state has responded by increasing its top marginal tax rate, causing its growth rate to accelerate after 2009, according to a new study released Monday by credit ra... #California #Standard & Poor's

Sep 12, 2014

UK rating fears if Scots banks defect to London

An exodus of Scottish banks, including Ulster Bank parent Royal Bank of Scotland (RBS), to England will hurt the UK credit rating, a leading analyst has warned. The warning that England and Wales could be negatively affected if banks carry out a thre... #London #Royal Bank of Scotland #Scotland #Edinburgh #Wales #Bank of England #Gary, IN