Credit Ratings Agencies Streaming News
Moody's - Afreximbank's credit profile supported by trade finance business model and varied funding sources   
July 23, 2020
Source: Moody's - Leverage is relatively high, but remains within the bank's target range in risk-weighted terms Borrower quality constrains development asset credit quality, but is mitigated by high degree of collateralization The credit profile...
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Fitch affirms Triple A rating for African Development Bank   
July 22, 2020
Source: Ghanaweb.com - Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’, with stable outlook.
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Sri Lankan companies to lose 161.6 mln USD due to COVID-19: Fitch Ratings   
July 22, 2020
Source: Xinhua - COLOMBO, July 21 (Xinhua) -- The COVID-19 pandemic is set to cost listed companies in Sri Lanka 161.6 million U.S. dollars in revenue this financial year, local media quoting Fitch Ratings reported here Tuesday. Fitch Ratings, in...
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‘Post-Pandemic Fashion Will Be Sustainable And Affordable’: Interview With Anna Gedda, Head Of Sustainability At H&M Group   
July 21, 2020
Source: Forbes - To examine how companies in the fast fashion space see sustainability in the post-COVID world, we sat down with Anna Gedda, the Head of Sustainability at H&M Group.
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Moody's – Coronavirus-related disruptions to airline industry affect broad swath of global economy   
July 21, 2020
Source: Moody's - • Airlines saw demand drop by more than 90% within weeks of the onset of the pandemic • Passenger demand for air travel drives demand for key stakeholders in the aviation industry, particularly airport operators,...
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Proxy Advisory Firm Egan-Jones Joins ISS and Glass Lewis in Recommending Mack-Cali Shareholders Vote "GOLD" to Elect Bow Street’s Nominees   
July 21, 2020
Source: YAHOO! - Egan-Jones Advises Mack-Cali Shareholders Elect ALL EIGHT Bow Street Nominees ISS Reaffirms Recommendation that Mack-Cali Shareholders Elect ALL EIGHT Bow Street Nominees Bow Street Urges Mack-Cali Shareholders to Follow the ISS...
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Banking Giants Begin to Walk Their Talk on Climate Change   
July 21, 2020
Source: Sustainable Brands - A 1% for the Planet account from Bank of the West, and new actions from Morgan Stanley and BlackRock, could signal turning point in finance.
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AM Best Affirms Credit Ratings of ARABIA Insurance Company s.a.l.   
July 21, 2020
Source: YAHOO! - AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" of ARABIA Insurance Company s.a.l. (AIC) (Lebanon). The outlook of these Credit Ratings (ratings) is negative.
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AM Best Withdraws Credit Ratings of Western General Insurance Company   
July 21, 2020
Source: Insurancenewsnet.com - OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating to “bb-” from “bb” of Western ...
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Fitch Ratings maintains IOC debt rating at 'BBB-', outlook negative   
July 21, 2020
Source: moneycontrol.com - IOC's rating benefits from its dominant market position in India, where it is the largest oil refining and marketing company, the above-average complexity of its refining assets and improving diversif
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