Arab Today, arab today fitch ratings puts danske bank on negative watch list
Last Updated : GMT 12:02:44
Arab Today, arab today
Arab Today, arab today

Fitch Ratings puts Danske Bank on negative watch list

Arab Today, arab today

Arab Today, arab today Fitch Ratings puts Danske Bank on negative watch list

Copenhagen - Xinhua

Denmark\'s Danske Bank is placed on a Rating Watch Negative, pending a possible downgrade, the Fitch credit ratings agency said Friday. The agency is monitoring Danske Bank as it considers maintaining or downgrading the bank\'s current A+ rating, Fitch said in a report. \"The rating actions on Danske Bank particularly reflect the uncertainty in the development of the Danish and Irish economies,\" Fitch said. It added Danske Bank\'s earning capacity could suffer from asset quality erosion in Denmark and Ireland. However, Danske Bank\'s high rating continues to be supported by its strong franchise in the Nordic region, its improved capital base and diversified earnings, Fitch said. The Rating Watch Negative has also affected another 12 international banks and financial institutions and comes as part of a Fitch review of major global and European banks. Fitch said it believes the affected institutions have business models that are especially sensitive to the stiff challenges facing financial markets, particularly in the single-currency euro area. It added that large banks have been seen to fail in recent times, but did not cite specific examples. A lower credit rating usually makes it harder for a bank to raise capital on international financial markets. In turn, this makes it dearer for customers to borrow from the bank.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fitch ratings puts danske bank on negative watch list Arab Today, arab today fitch ratings puts danske bank on negative watch list

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fitch ratings puts danske bank on negative watch list Arab Today, arab today fitch ratings puts danske bank on negative watch list

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday