Banking risk rating outlooks revised on downside risks to financial stability
Published: April 7 Number of Pages: 7 Content Type: Report, Banking Risk | Strategic Report
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Rating outlook: In total, across IHS Markit’s 52 rated banking sectors, the outlook on our rating is Negative for 41 economies, an increase of 32 since the beginning of March.
The outbreak of the coronavirus disease 2019 (COVID-19) virus has brought economic activity to a halt and paved the way for extraordinary levels of stimulus, forbearance measures, and liquidity support for global banks.
Central banks, governments, and industry representatives announce new support measures daily, many of which are channelled through banks.
IHS Markit has reviewed its banking sector ratings for the 52 economies it covers and has revised the outlook to Negative for 41 of those.