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
Delivery: Email of PDF file
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.