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Moody’s change on Bahrain credit outlook welcomedBahrain Association of Banks (BAB) has welcomed the decision of Moody's to change its outlook for the country to stable from negative, while maintaining its sovereign issuer rating at B2. BAB is expecting that Standard & P More… |
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Credit conditions mixed for Mideast: Moody’sCredit conditions for emerging markets in 2019 will be more challenging as global growth slows, said says Moody's Investors Service in a new report, giving a negative outlook for Turkey and parts of Africa and mixed for the Middle East. More… |
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UAE banking system outlook remains stable: Moody’sMoody's Investors Service has kept its outlook on the UAE banking system at stable, reflecting a gradually recovering economy, as well as banks' strong capital, resilient profitability and solid funding. A combination of r More… |
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UAE banking system outlook remains stable: Moody’sMoody's Investors Service has kept its outlook on the UAE banking system at stable, reflecting a gradually recovering economy, as well as banks' strong capital, resilient profitability and solid funding. A combination of r More… |
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Moody's assigns Ba1 rating to NMC's trust certificatesMoody's Investors Service has today assigned a Ba1 rating to the proposed USD-denominated trust certificates (or sukuk) of NMC Healthcare Sukuk Limited. At the same time Moody's assigned a stable outlook to NMC Healt More… |
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GCC nationalisation policy ‘may raise labour costs’GCC countries' labour market nationalisation policies aim to provide more jobs for a rapidly growing population, but they are also likely to raise labour costs and hamper diversification, said Moody’s in a new report. &q More… |
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Sukuk issuance to reach $100bn in 2018: Moody’sGlobal sukuk issuance is expected to reach $90-$100 billion in 2018, in line with 2017 levels, says Moody's Investors Service in its new report, "Cross-Sector - Sukuk Market Outlook - H1 2018 Update”. Moody's ex More… |
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Moody’s acquires top credit training providerUS-based Moody’s Corporation, the parent company of Moody's Investors Service and Moody's Analytics, said that it has completed its acquisition of Omega Performance, a leading provider of online credit training. Mood More… |
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Profitability ‘stable for UAE’s 4 top banks in 2019’Higher net interest income and lower provisions drove profits higher for the four largest banks in the UAE in the second quarter (Q2) of 2018 with profitability likely to remain stable into 2019, Moody’s said in a new report. More… |
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ICD benefits from robust capital, liquidity: Moody’sThe Islamic Corporation for the Development of the Private Sector benefits from a robust capital position and strong liquidity, although its weak asset quality remains a challenge, said Moody’s in its annual Credit Analysis report. More… |
