Basically, your creditworthiness becomes dependent on the creditworthiness of your friends.
|
|
Creditworthiness of Municipality: An upgrade or downgrade of Fitch's internal assessment of Qingdao Municipality's creditworthiness may trigger similar rating action on QCCI.
|
|
Our assessment of the creditworthiness of Bavaria is underpinned by the stability of Germany's solidarity and financial equalisation system, which links Bavaria's creditworthiness to that of Germany (AAA/Stable).
|
|
Our assessment of Bavaria's creditworthiness is underpinned by the stability of Germany's solidarity and financial equalisation system, which links Bavaria's creditworthiness to that of the German sovereign (AAA/Stable).
|
|
Our assessment of Saarland's creditworthiness is underpinned by the stability of Germany's solidarity and financial equalisation system, which links Saarland's creditworthiness to that of the German sovereign (AAA/Stable).
|
|
"The Lebanese government's weakening creditworthiness is adversely affecting the three banks' own creditworthiness given their large exposure to the Lebanese sovereign, which is their main source of risk," Moody's said.
|
|
Although the State of BW is not rated by Fitch, its creditworthiness is underpinned by the strength of the German solidarity system, which links BW's creditworthiness to that of the FRG.
|
|
Our assessment of the creditworthiness of the State of Saarland is underpinned by the stability of Germany's solidarity and financial equalisation system, which links Saarland's creditworthiness to that of Germany (AAA/Stable).
|
|
Persistently low oil prices could also worsen oil firms' creditworthiness.
|
|
However, its creditworthiness is constrained by a weaker debt profile.
|
|
His insurer can quickly check the creditworthiness of those businesses.
|
|
Would breaching the debt ceiling really damage America's creditworthiness forevermore?
|
|
Depending on your creditworthiness, it could be a bigger difference.
|
|
Having little debt and a large income increases your creditworthiness.
|
|
Without it, lenders cannot accurately assess credit risk and creditworthiness.
|
|
Our assessment of the creditworthiness of the State of BW is underpinned by the stability of Germany's solidarity and financial equalisation system, which links State of BW's creditworthiness to that of Germany (AAA/Stable).
|
|
Our assessment of the State of BW's creditworthiness is underpinned by the stability of Germany's solidarity and financial equalisation system, which links the State of BW's creditworthiness to that of the German sovereign (AAA/Stable).
|
|
Two ratings companies cut Altria's creditworthiness in December following the deals.
|
|
KBC Verzekeringen's ratings are in line with the company's standalone creditworthiness.
|
|
Nor do they possess the creditworthiness to sign long-term contracts.
|
|
Investors have become increasingly cautious amid rising worries about corporate creditworthiness.
|
|
Banks spend time and resources screening borrowers to assess their creditworthiness.
|
|
This could cripple the president's energy agenda and imperil Mexico's creditworthiness.
|
|
Creditworthiness of Anhui Province: Anhui is landlocked in east-central China.
|
|
If the naira weakens much further, it may harm their creditworthiness.
|
|
The term used can also be translated as "creditworthiness" or "integrity".
|
|
DBRS warned in August that pressures were building on Portugal's creditworthiness.
|
|
The APR you can get is often tied to your creditworthiness.
|
|
Creditworthiness of Municipality: A weaker fiscal performance by and/or increased indebtedness of Guangzhou could lead to a lowering of Fitch's internal assessment of Guangzhou Municipality's creditworthiness and therefore may trigger negative rating action on GZMG.
|
|
"Back in the day, creditworthiness didn't matter," a senior coverage banker said.
|
|
Assessing individual creditworthiness is relatively expensive, and credit card debt is unsecured.
|
|
"Back in the day, creditworthiness didn't matter," a senior coverage banker said.
|
|
The customers' repayments records offer an effective way of judging their creditworthiness.
|
|
" He believes that better indicators of creditworthiness are "reliability, discipline, education, employment.
|
|
It frequently leaves lenders with gaps and distortions in assessing your creditworthiness.
|
|
A widening deficit recently prompted ratings agencies to downgrade Costa Rica's creditworthiness.
|
|
This has not stopped Iceland's sovereign creditworthiness improving since the 2008 financial crisis.
|
|
Guangzhou's Creditworthiness: Guangzhou Municipality is generally considered a first-tier city in China.
|
|
This week, central bank governor Alejandro Diaz said Mexico should reinforce Pemex's creditworthiness.
|
|
Doubts over the creditworthiness of these securities in 2007 triggered the financial crisis.
|
|
Given that backstop, investors had little incentive to monitor bank creditworthiness that closely.
|
|
Skittishness over the health of Chinese banks has also undermined the country's creditworthiness.
|
|
All of these factors would have damaged our assessment of U.S. sovereign creditworthiness.
|
|
Rating agency Fitch warned it could downgrade the country's creditworthiness after the decision.
|
|
That's the framework S&P is now using to analyze the company's creditworthiness.
|
|
A Fitch rating is an opinion as to the creditworthiness of a security.
|
|
Zhangzhou's Creditworthiness: Zhangzhou is the fastest-growing economy in China's southern Fujian Province.
|
|
A sustainable return to market funding would be positive for Greece's sovereign creditworthiness.
|
|
UF's National and senior debt Ratings are driven by the company's standalone creditworthiness.
|
|
Other measures on homeowners' creditworthiness generally improved in the first quarter, MBA said.
|
|
Congress must raise the debt ceiling soon in order to protect U.S. creditworthiness.
|
|
Ratings agency Moody's said unlocking further aid was a positive development for Greece's creditworthiness.
|
|
The variable annual percentage rate is 17.74 to 22.74 percent, based on your creditworthiness.
|
|
Affirm uses proprietary algorithms at the point of sale to determine a person's creditworthiness.
|
|
Central Bank Governor Alejandro Diaz earlier this week said Mexico should reinforce Pemex's creditworthiness.
|
|
Baoji's Creditworthiness: Baoji is an industrial and manufacturing hub located in north-western China.
|
|
Maintaining "Exceptional Creditworthiness" is thus a matter of following the rules already in place.
|
|
Online lenders help fill this gap, armed with algorithms and data to assess creditworthiness.
|
|
The National Ratings reflect the bank's creditworthiness relative to the best credits in Nigeria.
|
|
Zhuhai's Creditworthiness: Zhuhai municipality has a satisfactory budget performance and diversified socio-economic profile.
|
|
So how can a company raise the firm's credit score and improve its creditworthiness?
|
|
Instead of assessing borrowers based on their creditworthiness, ISA investors evaluate students' earning potential.
|
|
The variable annual percentage rate is 17.74 to 22.74 percent based on your creditworthiness.
|
|
Invatlan's creditworthiness will likely move in line with that of its main subsidiary, Atlantida.
|
|
Banks may be reluctant to refinance loans to companies if creditworthiness is deteriorating rapidly.
|
|
In addition, either company can have concerns about the creditworthiness or status of individual carriers.
|
|
National Ratings provide a relative measure of creditworthiness for rated entities only within the country.
|
|
A U.S. default could roil financial markets worldwide as investors rethink the creditworthiness of Treasuries.
|
|
These credit risk indicators are designed to provide real-time, market-based views of creditworthiness.
|
|
But for much of the subsequent recovery America has looked like a paragon of creditworthiness.
|
|
Chongqing's Strong Creditworthiness: Chongqing Municipality's gross regional product growth rate was China's fastest in 2015.
|
|
Chongqing's Strong Creditworthiness: Chongqing Municipality's gross regional product growth rate was China's fastest in 20163.
|
|
"This could impact the creditworthiness of some countries and cause credit quality pressure," he said.
|
|
In that scenario, Yanzhou Coal's investment would take a hit, further undermining its own creditworthiness.
|
|
The authorities' ability to maintain macroeconomic stability is a key factor for Indonesia's sovereign creditworthiness.
|
|
Your article explains that damage to the United States' creditworthiness would substantially hurt the economy.
|
|
As Fitch has previously commented, independence would be a negative shock to Spain's sovereign creditworthiness.
|
|
Its variable APR ranges from 12.99% to 23.99% based on the creditworthiness of the applicant.
|
|
The first step is to improve cities' access to private finance by improving their creditworthiness.
|
|
The banks' IDRs are driven by their Viability Ratings, Fitch's assessment of their standalone creditworthiness.
|
|
Even as its creditworthiness crumbled, it could still borrow with ease by issuing municipal bonds.
|
|
Financially literate entrepreneurs make more informed financial decisions overall and assess their creditworthiness more objectively.
|
|
Credit scores are three-digit numbers that lenders use to judge the creditworthiness of borrowers.
|
|
Yancheng's Creditworthiness: Yancheng is the largest city in terms of geographic area in Jiangsu Province.
|
|
After all, credit scores are only one measure lenders use when assessing a business' creditworthiness.
|
|
This makes them riskier for the lender, resulting in higher rates based on your creditworthiness.
|
|
Your creditworthiness factors in your credit score as well as your debt-to-income ratio.
|
|
Cardholders pay a premium above the prime rate that is determined largely by their creditworthiness.
|
|
When investors' perceptions of a bank's creditworthiness improved, its liabilities would in theory rise in value.
|
|
For the estimated 15 million thin-file Americans in this situation, creditworthiness can't dictate identity verification.
|
|
These concerns have also been reflected in less enthusiastic assessments of China's creditworthiness in recent months.
|
|
In one of its letters, Tata alludes none too subtly to the extra creditworthiness it gives.
|
|
After a few minutes, an applicant can get a verdict on their creditworthiness and then… Presto!
|
|
The variable APR after the introductory period is 14.74 to 24.74 percent based on your creditworthiness.
|
|
Other experts disagreed, arguing that the social credit system had broader objectives than simply assessing creditworthiness.
|
|
RMBSI's National Rating has been affirmed, as the entity's relative creditworthiness remains unchanged, in Fitch's view.
|
|
Last week, S&P warned that sovereign creditworthiness had worsened sharply since the middle of 2015.
|
|
For example, Iran lacks credit rating agencies that can evaluate the creditworthiness of this new paper.
|
|
But the fare freeze may damage its creditworthiness, says Jennifer Wong of Moody's, a ratings agency.
|
|
The financial instruments are bets on the creditworthiness of a company or country that borrows money.
|
|
Kabbage combines machine learning, public data and other information to determine the creditworthiness of small businesses.
|
|
Data collected through Grab's app, on users' movements and transactions, is used to assess their creditworthiness.
|
|
Guangzhou's Strong Creditworthiness: Guangzhou is a semi-provincial municipality and the capital city of Guangdong Province.
|
|
S&P Global Ratings has been evaluating the creditworthiness of U.S. states and municipalities since 28503.
|
|
Instead, Alibaba assessed their creditworthiness based on digital records, such as online sales and customer ratings.
|
|
Banks have been given growing discretion to set interest rates based on the creditworthiness of borrowers.
|
|
For example, with Coface, users can quickly assess and actively monitor the creditworthiness of a Chinese buyer.
|
|
Many now want to prove their creditworthiness, with an eye to the spending possibilities it opens up.
|
|
Last month, DBRS warned that pressures were building on Portugal's creditworthiness, stoking concern about the ratings outlook.
|
|
The fund also focused on artificial intelligence, which is being used by start-ups to assess creditworthiness.
|
|
Eskom is regularly cited by ratings agencies as one of the main threats to the country's creditworthiness.
|
|
Maybe your number of friends on Facebook isn't a great way to gauge your creditworthiness after all.
|
|
In 2011 investors lost confidence in the creditworthiness of some European governments; bond yields spiked, recessions followed.
|
|
Right now, investors are particularly interested in credit default swaps tied to the creditworthiness of European banks.
|
|
Interest rates for Apple Card are in the range of 13-24%, based on the user's creditworthiness.
|
|
Then, there&aposs lending in the traditional sense, where creditworthiness is assessed on more than future income.
|
|
Visa Signature Synchrony Financial No annual fee 17.99 or 23.99 percent at account opening based on creditworthiness.
|
|
However, the probability of support is limited by AWB's creditworthiness as indicated by its 'bb-' Viability Rating.
|
|
We're told that they're vital to the economy, that they enable creditworthiness and allow commerce to function.
|
|
The ratings agency Moody's downgraded its outlook for Britain, saying its creditworthiness was now at greater risk.
|
|
Second, women entrepreneurs' self-selection was not found to relate to the observed creditworthiness of their firms.
|
|
Moody's said that could put pressure on the company's creditworthiness over the next 12 to 18 months.
|
|
It also partners with lenders and credit providers to help legacy financial institutions determine things like creditworthiness.
|
|
The letter also asked questions about consumer privacy protections and if it had information about users' creditworthiness.
|
|
Observing the greater creditworthiness of borrowers, banks and other financial institutions would be willing to lend them more.
|
|
Machine-learning is also good at automating financial decisions, whether assessing creditworthiness or eligibility for an insurance policy.
|
|
In some cases, they note, markets revise down their worries about creditworthiness in response to large-scale stimulus.
|
|
NATIONAL RATINGS National Ratings reflect the creditworthiness of an issuer relative to the best credit in South Africa.
|
|
Variable APRs for the Apple Card will range from between 13.24 percent to 24.42 percent based on creditworthiness.
|
|
Payment history makes up 35% of your FICO score, which is the most commonly used measure of creditworthiness.
|
|
Changsha's Strong Creditworthiness: Changsha's economy continued to grow in 2016 with gross regional product (GRP) reaching CNY932.37 billion.
|
|
NATIONAL RATINGS The banks' National Ratings are sensitive to changes in their creditworthiness relative to other Nigerian entities.
|
|
KEY RATING DRIVERS IDRS AND VRs Pichincha's Viability Rating (VR), or standalone creditworthiness, drives its long-term IDR.
|
|
Debt dynamics are also negative, which could put pressure on sovereign creditworthiness over the medium to long term.
|
|
Rival Standard & Poor's assesses China's creditworthiness at similar levels to Moody's, while Fitch rates China a notch lower.
|
|
Negative rating action on YWSCOC could derive from a deterioration in Fitch's internal assessment of the municipality's creditworthiness.
|
|
They are viewed as a proxy for the perceived creditworthiness of a debt issuer – in this case, Brazil.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Zhangzhou municipality may trigger positive rating action.
|
|
KEY RATING DRIVERS IDRS GFH's Long-Term IDR is based on Fitch's assessment of the group's intrinsic creditworthiness.
|
|
Big changes in the yields on individual bonds typically reflect shifts in the perceived creditworthiness of the issuer.
|
|
Municipality's Creditworthiness: Negative rating action could stem from a weaker fiscal performance or heightened indebtedness of the municipality.
|
|
The former would mostly likely result from a decline in the creditworthiness of the sovereign in Fitch's view.
|
|
But what is considered good for you will depend on your credit history, credit score, and overall creditworthiness.
|
|
This improved the city's creditworthiness to an "A" rating at the national scale for long-term debt instruments.
|
|
It also will target SMEs underserved by traditional lenders, by using alternative data sources to determine their creditworthiness.
|
|
Municipality's Creditworthiness: An upgrade of Fitch's internal credit view of Zhenjiang may trigger positive rating action on HanRui.
|
|
Portuguese bonds came under pressure last month after DBRS warned that pressures were building on the country's creditworthiness.
|
|
DBSA's National Ratings reflect the bank's creditworthiness relative to the best credit and other entities in South Africa.
|
|
The type of options available to you depend on your creditworthiness and the amount of debt you're carrying.
|
|
Hefei's Creditworthiness: Hefei is the capital of Anhui Province and an important centre in China's thriving Yangtze River Delta.
|
|
Negative rating action on SFund could derive from a deterioration of in Fitch's internal assessment of the municipality's creditworthiness.
|
|
The assessment is an estimate of the creditworthiness of an entity which S&P makes on an unsolicited basis.
|
|
Liangshan's Creditworthiness: Liangshan is an autonomous prefecture occupying much of the southern extremity of Sichuan Province in southwestern China.
|
|
That led global rating agencies to cut Russia's sovereign rating, triggering a revision of the creditworthiness of Russian firms.
|
|
Right now Dharma is the only entity that is approved to decide a borrower's creditworthiness and approve a loan.
|
|
Huzhou's Creditworthiness: Huzhou's gross regional product (GRP) increased 7.5% in 13, faster than the national rate, to CNY224 billion.
|
|
Capitalism has always been plagued by financial panics in which lenders lose confidence in the creditworthiness of private banks.
|
|
The improvement in the economy has increased the creditworthiness of borrowers, obliging banks to write off fewer bad loans.
|
|
An upgrade of Fitch's internal view on the creditworthiness of Jinan may trigger a positive rating action on JWC.
|
|
Wuhan's Creditworthiness: Wuhan ranked within the top-10 of over 300 Chinese cities by gross regional product in 2016.
|
|
Formal financial records are scanty, so it is hard to gauge creditworthiness, let alone to foreclose on a defaulter.
|
|
Nuclear power providers usually fund new plants through large-scale equity and bond issuance, making their creditworthiness extremely important.
|
|
Fitch Ratings also downgraded its ranking for Britain's creditworthiness by one notch, and similarly said more cuts could follow.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Zhangzhou Municipality may trigger a positive rating action.
|
|
The primary balance, which represents revenues minus expenditures before debt interest payments, is a closely watched gauge of creditworthiness.
|
|
Take a Dutch pension fund which decides to invest in Treasury bonds because it trusts the American government's creditworthiness.
|
|
They have no access to credit bureau data, which will make it difficult to assess the creditworthiness of borrowers.
|
|
Fang Yang's ratings are credit linked to, but not equalised with, Fitch's assessment of the creditworthiness of Lianyungang Municipality.
|
|
Interest rates are reported to range from 13.99 percent to 22.99 percent based on the creditworthiness of the business.
|
|
The primary deficit, which represents revenues minus expenditures before debt interest payments, is a closely watched gauge of creditworthiness.
|
|
KEY RATING DRIVERS Jiaxing's Strong Creditworthiness: Jiaxing is a municipal-level city located in the northeast of Zhejiang province.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Anhui may trigger positive rating action on AHTG.
|
|
BII's ratings are credit-linked to Fitch's internal assessment of the creditworthiness of Beijing municipality, the capital of China.
|
|
An upgrade of Fitch's internal assessment of the creditworthiness of Zhuhai Municipality would result in an upgrade of Huafa.
|
|
The Philippine peso has fallen, and credit rating agencies have warned that they could soon downgrade the country's creditworthiness.
|
|
This approach results in a single-notch uplift to the IFS Rating from Fitch's assessment of SWG's standalone creditworthiness.
|
|
National Ratings reflect the creditworthiness of an issuer relative to the best credit and to peers in the country.
|
|
Your race or religion could dock your "score," which was as tied up with character as it was creditworthiness.
|
|
The firm reiterated its underweight rating on GE shares, saying the major rating agencies are overestimating the company's creditworthiness.
|
|
Indeed, digital footprints can also help China's fledgling financial system predict creditworthiness among millions of people without financial records.
|
|
After Italy formed a new anti-euro government last month, investors punished Greece's bond yields, a measure of creditworthiness.
|
|
On raising the debt limit — vital to preserving U.S. creditworthiness – the president has left Cabinet members to publicly disagree.
|
|
Some age groups are handling debt and managing their creditworthiness better than others, according to the credit reporting agency.
|
|
"We must and we will remove the profit motive from assessing the creditworthiness of American consumers," Sanders' announcement reads.
|
|
Your limit and APR depends on whatever magical formula Goldman Sachs, the issuing bank, decides based on your creditworthiness.
|
|
An upgrade of Fitch's internal assessment of the creditworthiness of Xi'an Municipality would result in an upgrade of XICI.
|
|
Goldman invited customers who think their "credit line does not adequately reflect your creditworthiness" to request a re-evaluation.
|
|
Mueller's prosecutors accused Manafort of lying to banks about his creditworthiness in order to receive $25 million in loans.
|
|
Most notably, it's hard for Western companies to often know exactly who they are doing business with and their creditworthiness.
|
|
Moreover, many investors will hope to make a profit long before this belief in Argentina's 22nd-century creditworthiness is tested.
|
|
This could lead to a lowering of Fitch's internal assessment of Shanghai's creditworthiness and, as a result, of SPD's rating.
|
|
NATIONAL RATINGS The banks' National Ratings are sensitive to a change in the banks' creditworthiness relative to other domestic peers.
|
|
Doing so all too often means effectively losing information about our creditworthiness, health records, professional qualifications and many other attributes.
|
|
Margins on such loans are higher, with lenders charging anywhere between 4.5 percent to 14 percent, depending on borrowers' creditworthiness.
|
|
A shortfall could potentially dent investor confidence since a widening government deficit could lead to a revision of India's creditworthiness.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Hangzhou may trigger a positive rating action on HFI.
|
|
It could also imperil Mexico's sovereign creditworthiness and make it much more expensive for both Pemex and Mexico to borrow.
|
|
When she calls their bluff, they'll either back down, or destroy the economy and the international assumption of U.S. creditworthiness.
|
|
NATIONAL RATINGS FRB's National Ratings reflect the bank's creditworthiness relative to the best credit and other entities in South Africa.
|
|
"Our customer lending is subject to stringent and robust creditworthiness and affordability assessment tests," a spokesman for Tesco Bank said.
|
|
The data is deemed sensitive because consumers use it to prove creditworthiness when they want to buy homes or cars.
|
|
A credit score — essentially a grade on your creditworthiness — is a deciding factor in many financial transactions throughout your life.
|
|
Huai'an Municipality's Healthy Creditworthiness: Huai'an, located in Jiangsu province, has a satisfactory budget performance and a diversified socio-economic profile.
|
|
Ratings agency Moody's has issued a negative outlook for sovereign creditworthiness in 2020, citing a "disruptive and unpredictable" political environment.
|
|
"Buying insured bonds removes having to understand each bond's creditworthiness and allows the client to sleep at night," she said.
|
|
KEY RATING DRIVERS Beijing's Strong Creditworthiness: Beijing ranks second among all cities in China in terms of gross regional product.
|
|
This could lead to a lowering of Fitch's internal assessment of Beijing's creditworthiness and, as a result, of BII's ratings.
|
|
This method has proven to be a successful way to determine creditworthiness, and Xiaomi's nonperforming loan ratio is below 2%.
|
|
But now, companies like Alibaba-affiliate Ant Financial have volumes of purchase and transaction data to better gauge creditworthiness with.
|
|
If you aren't applying for credit, though, you can't build your credit and prove your creditworthiness in a timely manner.
|
|
Eskom is regularly cited by ratings agencies as one of the main threats to the country's creditworthiness and economic growth.
|
|
The firms that offer the insurance to smaller businesses have databases on the creditworthiness of companies all over the world.
|
|
A downgrade could also result from the municipality's weaker fiscal performance or increased indebtedness, leading to deterioration in its creditworthiness.
|
|
With that, the company uses its own algorithms and data sources to determine creditworthiness and make a decision in minutes.
|
|
The IDRs of ANB, BSF and SABB reflect their intrinsic creditworthiness and financial strength, as underlined by their respective VRs.
|
|
But the more the United States spreads dollars around the world, the more likely holders are to question America's creditworthiness.
|
|
People living in poorly rated neighborhoods would have had trouble obtaining mortgages for homes there, regardless of their individual creditworthiness.
|
|
The Long-term IDRs of both banks are driven by their standalone creditworthiness as expressed by their Viability Ratings (VRs).
|
|
And, as the Atlantic notes, using a person's social graph to assess creditworthiness would run huge risks of attracting discrimination lawsuits.
|
|
Using certain measurements that aim to assess a company's creditworthiness, the new leasing rule might make a business look more indebted.
|
|
But there are also ominous signs in markets that investors use to bet on the perceived creditworthiness of large financial firms.
|
|
Some of the mistakes that may have dogged you in the past will have less of an impact on your creditworthiness.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Guangzhou Municipality may trigger a positive rating action on SFund.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the government, leading to deterioration in its creditworthiness.
|
|
The company gathers data on consumers which it then sells to banks to allow them to better assess a borrower's creditworthiness.
|
|
The utility is regularly cited by ratings agencies as one of the main threats to the country's creditworthiness and economic growth.
|
|
A rapid tightening of financial conditions could drive a steep economic downturn, as creditworthiness in the corporate debt market has deteriorated.
|
|
This requires each to keep tabs on the other's creditworthiness, which is hard when they do not know each other's positions.
|
|
Exotic correlations are a passable proxy for creditworthiness, but they are no match for the predictive power of actual financial records.
|
|
The lack of credit history for some new markets makes it difficult to assess creditworthiness to ensure appropriate credit-underwriting standards.
|
|
Kirch, who died in 2011, accused Breuer of triggering his group's downfall by questioning its creditworthiness in a 2002 television interview.
|
|
The agency on Wednesday downgraded HNA's overall creditworthiness by a notch to '|Bb', deeper into sub-investment grade territory, from 'b+'.
|
|
NATIONAL RATINGS The Nigerian National Ratings reflect Fitch's opinion of each bank's creditworthiness relative to the best credit in the country.
|
|
Creditworthiness of Autonomous Region: An upgrade of Fitch's internal credit view on Guangxi may trigger a positive rating action on GCI.
|
|
RATING SENSITIVITIES IDRs and Senior Debt Ratings Invatlan's creditworthiness will likely move in line with that of its main subsidiary, Atlantida.
|
|
However, these risk factors do not adversely affect the life insurance sector's creditworthiness relative to that of the South African sovereign.
|
|
BOI's National Ratings are sensitive to a change in Fitch's opinion of BOI's creditworthiness relative to the best credits in Nigeria.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Changchun Municipality may trigger a positive rating action on CCDG.
|
|
The bank's standalone creditworthiness, indicated by its Viability Rating (VR), is influenced by the Guatemalan operating environment and moderate capital ratios.
|
|
An upward revision of the SR and SRF could only be driven by an improvement in Fitch's view of sovereign creditworthiness.
|
|
The Stable Outlook on TL's and HL's reflects the stable creditworthiness of the leasing entities relative to peers in the country.
|
|
After all, not every family has the income or creditworthiness to qualify for a home-equity loan or line of credit.
|
|
According to the company, PrimaHealth won't charge any interest for most of its loans — depending on the creditworthiness of the borrower.
|
|
Xi'an's Creditworthiness: Xi'an Municipality's gross regional product (GRP) growth rate in the last three years was above the national growth rate.
|
|
The three-digit number that determines your creditworthiness can affect your interest rate and application approvals for loans of all kinds.
|
|
Algorithms make many important decisions for us, like our creditworthiness, best romantic prospects and whether we are qualified for a job.
|
|
The two companies' assessments of creditworthiness can influence how much a country has to pay to borrow in international debt markets.
|
|
The notice said banks should improve their non-credit financing risk management and create a "unified" creditworthiness and risk management system.
|
|
Yangzhou's Creditworthiness: Yangzhou ranked among the top 40 of more than 300 Chinese cities by gross regional product (GRP) in 2016.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the municipality, leading to deterioration in its creditworthiness.
|
|
National scale ratings are local relativities of creditworthiness, and therefore there is no lineal relationship between international scale and national ratings.
|
|
The big picture: Financial institutions are increasingly using AI to detect suspicious activity, optimize portfolios, recommend strategic investments and assess creditworthiness.
|
|
It's worth noting that Facebook has itself patented using social graph for assessing eligibility of creditworthiness, as the Atlantic reported last year.
|
|
It's unclear whether Facebook intends or intended to launch any such creditworthiness assessment service itself — we asked and it did not respond.
|
|
Starting in 2006, the island has been hit by a series of negative shocks that have undermined its economy and its creditworthiness.
|
|
KEY RATING DRIVERS Linked to Xinyi City: XCID's ratings are credit-linked to Fitch's internal assessment of the creditworthiness of Xinyi City.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the prefectural government, leading to deterioration in its creditworthiness.
|
|
It is this challenge of assessing the creditworthiness of borrowers that explains why physical collateral is so important for banks in China.
|
|
This aims to score not only the financial creditworthiness of citizens, as happens everywhere, but also their social and possibly political behaviour.
|
|
In case you're wondering how Brexit impacts the U.K.'s creditworthiness, the derivatives market may offer different clues than the bond market.
|
|
Shanghai's Strong Creditworthiness: Shanghai, which is China's financial centre, had the highest gross regional product among all municipalities across China in 2016.
|
|
Mr Schütte says that American laws restricting the types of information used to assess creditworthiness are too tight for the digital age.
|
|
The BRI's success will depend on whether Chinese lenders can tighten their procedures for assessing creditworthiness while making their loans more affordable.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the government that leads to deterioration of its creditworthiness.
|
|
There is a 12.99% to 23.99% variable APR, based on your creditworthiness, which isn't very different than competing cards on the market.
|
|
KEY RATING DRIVERS Hangzhou's Strong Creditworthiness: Hangzhou is the capital of China's Zhejiang province and one of the country's most developed cities.
|
|
"We believe that in the short term we will achieve the metrics required to improve our creditworthiness," Velazquez said, without giving details.
|
|
Sound Creditworthiness amid Growing Debt Fitch expects TS's financial profile to remain sound in the medium term with a balanced income statement.
|
|
They said the defendants concealed the misuse of the funds and misled investors in the United States and elsewhere about Mozambique's creditworthiness.
|
|
In recent years, Cemex has been looking to sell billions of dollars worth of assets as it looks to improve its creditworthiness.
|
|
But what major lender wouldn't be eager to reassess its evaluation of Trump's creditworthiness in light of his recent ascension to power?
|
|
Fitch's view of BG's creditworthiness is tempered by the heightened competition it faces and the lack of a lender of last resort.
|
|
The primary deficit is a measure of creditworthiness closely watched by ratings agencies that recently stripped Brazil of its investment-grade rating.
|
|
TBTF firms perform the creditworthiness checks on smaller, less-heavily capitalized institutions and individuals, as they introduce those clients' trades for clearance.
|
|
Ying Wang, Fitch's senior director based in Shanghai, said the trading probably did not reflect worries about underlying creditworthiness of the firms.
|
|
The digital lender analyzes its users' online data to assess someone's creditworthiness, opening up loans to those who otherwise wouldn't have access.
|
|
However, as algorithms increasingly take over the role of determining creditworthiness, it will grow more difficult for this standard to be met.
|
|
For instance, an algorithm designed to determine "creditworthiness" that's programmed to maximize profit could ultimately decide to give out predatory, subprime loans.
|
|
Allocca says that as banking and payments become increasingly digital, consumer creditworthiness could be measured by more than just a credit score.
|
|
There&aposs more to creditworthiness than FICO scoresFICO, formerly known as Fair Isaac and Company, is a data company based in California.
|
|
Creditworthiness of Xi'an Municipality: An upgrade of Fitch's internal credit view on Xi'an Municipality may trigger a positive rating action on XICI.
|
|
Creditworthiness of Municipality: An upgrade of Fitch's internal credit view on Yancheng Municipality may trigger a positive rating action on Yancheng Oriental.
|
|
But having it stored online means verification in fewer steps, and "less friction," when assessing someone's creditworthiness, according to CEO Nima Ghamsari.
|
|
International ratings agencies have repeatedly lowered Tunisia's creditworthiness, straining the government's ability to borrow to invest in jobs or public works programs.
|
|
That data is used by lenders to judge individuals' creditworthiness to buy a home, take out a credit card or obtain insurance.
|
|
Its National Long-Term Rating of 'AA+(zaf)' reflects our view that its creditworthiness is slightly lower than that of the sovereign.
|
|
Xi'an's Creditworthiness: Xi'an is the capital of Shaanxi Province and the largest city within the province in terms of population and economy.
|
|
On Capital One's website, the company provides credit level guidelines, which may help you gauge your creditworthiness for the Walmart credit cards.
|
|
A downgrade could also stem from a weaker fiscal performance or increased indebtedness of the municipality, leading to deterioration in the sponsor's creditworthiness.
|
|
KEY RATING DRIVERS IDRS, VIABILITY RATINGS (VRs) Basis's and Cartu's IDRs are driven by the banks' standalone creditworthiness, as expressed by their VRs.
|
|
Founders Sashank Rishyasringa and Gaurav Hinduja say that Capital Float's app can score a potential borrower's creditworthiness in as little as three minutes.
|
|
KEY RATING DRIVERS IDRs and VR CEBR's IDR is driven by the bank's standalone creditworthiness, as reflected by a 'bb-' Viability Rating (VR).
|
|
This was the main factor driving the upgrade of K&H's VR (bb+), which also reflects the bank's stronger standalone creditworthiness than peers'.
|
|
Moreover, if Ukraine loses the case, investors could start to doubt the country's creditworthiness only a year after its return to capital markets.
|
|
The figures are ranged based on the variable APR you might qualify for, which, like your credit limit, is determined by your creditworthiness.
|
|
Fitch believes that San UK's reputation and business flows are to some extent correlated with the overall creditworthiness of the parent Banco Santander.
|
|
Creditworthiness of Municipality: An upgrade or downgrade of Fitch's internal credit view on Changsha may trigger a similar rating action on the entity.
|
|
WHENEVER someone questions Venezuela's creditworthiness, the country's president, Nicolás Maduro, retorts that his government has never missed a debt payment and never will.
|
|
Ratings downgrades can affect the financial system's creditworthiness and availability of funding, he said, saying that external financing to Mexican companies has slowed.
|
|
RATING SENSITIVITIES A revision of Fitch's internal assessment of the creditworthiness of ChemChina would be likely to lead to rating action on Bluestar.
|
|
Wuhan Municipality's Strong Creditworthiness: Wuhan ranked among China's top-0003 cities in terms of gross regional product (GRP) and operating revenue in 2015.
|
|
Portuguese bonds remained the region's underperformer following comments earlier this week by ratings agency DBRS that pressures were building on the country's creditworthiness.
|
|
Huai'an Municipality's Healthy Creditworthiness: Huai'an, located in China's Jiangsu province, has a budget performance that is satisfactory and a diversified socio-economic profile.
|
|
KEY RATING DRIVERS Strong Linkage with Shanghai SASAC: BFG is credit-linked to Fitch's internal assessment of the creditworthiness of the Shanghai Municipality.
|
|
On the contrary, the markets became alarmed, in 2011 and 2012, about the creditworthiness of several larger European countries, especially Spain and Italy.
|
|
Your credit score helps financial institutions and lenders determine your creditworthiness and set interest rates or loan terms that correspond to your score.
|
|
Banks and other financial institutions, for their part, would observe the creditworthiness of borrowers increasing and would be willing to lend them more.
|
|
BIS research suggests Mercadolibre, the Argentine e-commerce group, has better information about the creditworthiness of companies using its platform than local banks.
|
|
That clause puts sellers in a bind: move forward with such a buyer, and their creditworthiness will determine whether a transaction is completed.
|
|
A new surge of bond purchases is intended to counteract "serious risks" to the eurozone economy as investors start to doubt Italy's creditworthiness.
|
|
That company's role in collecting sensitive financial data and scoring U.S. consumers' creditworthiness made the implications of the misuse of data starkly obvious.
|
|
A change in DBSA's National Ratings would result from a change in the bank's creditworthiness relative to the other entities in South Africa.
|
|
Fitch believes these dynamics are manageable within the regulatory compact and unlikely to meaningfully weaken PPW's creditworthiness in the near- to intermediate-term.
|
|
RATING SENSITIVITIES Links with Sponsor: An upgrade of Fitch's internal assessment of the creditworthiness of Yangzhou may trigger positive rating action on YUCH.
|
|
S&P analysts point out that investor concerns about bank creditworthiness have been persistent after bad loans in Italy have grown in recent years.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the city, leading to deterioration to Fitch's assessment of is creditworthiness.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the municipality, leading to deterioration to Fitch's assessment of is creditworthiness.
|
|
If either Fitch or Moody's were to follow S&P's downgrade, it could roil financial markets as investors reassess the creditworthiness of U.S. Treasuries.
|
|
The term denotes the systematic practice of lenders denying services to people in a residential area because of its racial composition, not their creditworthiness.
|
|
"Sovereigns controlling a reserve currency benefit from extensive external and monetary flexibility, which supports government creditworthiness," S&P Global Ratings analyst Frank Gill said.
|
|
The pair of analysts, from Dominion Bond Rating Service (DBRS), a Canadian credit-ratings agency, went to assess the creditworthiness of the Portuguese government.
|
|
Henan's Strong Creditworthiness: Henan's gross regional product ranked fifth among China's provinces in 2016, with a growth rate of 8.1%, outperforming the national average.
|
|
Maintaining U.S. creditworthiness is of the "utmost importance" and the United States must pay its bills on time, Mnuchin told a Senate Appropriations subcommittee.
|
|
Jinan's Creditworthiness: Jinan is the provincial capital of Shandong, the third-largest economy in terms of gross regional product (GRP) in China in 2016.
|
|
Modern supply-chain finance, now some 250-years-old, also lets suppliers piggyback on the creditworthiness—and lower borrowing costs—of big corporate customers.
|
|
Bancaribe's national scale ratings consider the same strengths and weaknesses as its international ratings but based on the relative creditworthiness of entities within Venezuela.
|
|
The National Ratings of FRB have been affirmed as its creditworthiness relative to that of the sovereign and other rated entities has not changed.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the municipality, leading to deterioration of Fitch's assessment of is creditworthiness.
|
|
The ratings of JCDI are credit-linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Jiaxing municipality in eastern China.
|
|
A downgrade could also stem from weaker fiscal performance or increased indebtedness at Jiaxing, leading to deterioration in Fitch's internal assessment of Jiaxing's creditworthiness.
|
|
Historical data show a correlation between a strengthening US dollar and weakening EM sovereign creditworthiness as falling US dollar incomes can affect credit fundamentals.
|
|
An applicant's credit score and income level are used by Goldman Sachs to determine creditworthiness, according to a support page for the Apple Card.
|
|
Visa Comenity Capital Bank No annual fee Zero percent introductory rate for six months, then 14.74 to 23.74 percent variable APR based on creditworthiness.
|
|
In Fitch's view, this support would ultimately be provided by the state and flow through BH, given BH's weak creditworthiness on a standalone basis.
|
|
These bond ratings are like credit scores for governments: they indicate sovereign borrower's creditworthiness so that bond investors know whom to lend money to.
|
|
India has over 10,000 registered NBFCs lending to millions of households who may not have the creditworthiness to borrow directly from a commercial bank.
|
|
Let anyone publish opinions on the creditworthiness of a debt obligation, and allow the market for these services to reward excellence and punish failure.
|
|
GZMG's ratings are credit linked to but not equalised with, Fitch's internal assessment of the creditworthiness of Guangzhou Municipality, the capital of Guangdong Province.
|
|
Moody's has downgraded its outlook for German banks to "negative" from "stable" as profitability and overall creditworthiness weaken in a low interest rate environment.
|
|
UIRs provide analytical perspective and transparency on key issues that impact an organization's creditworthiness but without providing a credit rating or rating-like opinion.
|
|
The ratings are based on STFC's standalone creditworthiness, and reflect the company's unique market position and franchise strength in used commercial vehicle (CV) financing.
|
|
In this case, so-called physically-replicated bond ETFs track a basket of bonds which resembles, in duration and creditworthiness, a wider underlying index.
|
|
Here are some mildly terrifying things I learned when I recently did an online privacy checkup: Google was sharing my creditworthiness with third parties.
|
|
Moreover, rates must allow for creditworthiness sufficient to allow access to capital markets, in particular for a system in desperate need of modernization investments.
|
|
Ideally, you'll go one step further and get pre-approval, which analyzes your creditworthiness and assures the seller that you can see the deal through.
|
|
Huai'an Municipality's Healthy Creditworthiness: Huai'an, located in Jiangsu province, has a budget performance that is widely considered satisfactory and has a diversified socio-economic profile.
|
|
Ideally, you'll go one step further and get pre-approval, which analyzes your creditworthiness and assures the seller that you can get the deal done.
|
|
KEY RATING DRIVERS Peru's creditworthiness is underpinned by its track record of macro-policy credibility, consistency, and flexibility, which has delivered macroeconomic and financial stability.
|
|
The auction is closely watched as a litmus test of investor appetite, a day before credit rating agency Fitch is due to assess Italy's creditworthiness.
|
|
In the U.S., credit scores reflect a person's history of borrowing and paying back money, and lenders refer to them when determining an individual's creditworthiness.
|
|
The idea was to force issuers to have an incentive to monitor the creditworthiness of borrowers, rather than simply selling all sorts of dodgy loans.
|
|
The banks should also improve their non-credit financing risk management, create a unified creditworthiness and risk management system as a real assessment of exposure.
|
|
It won't be enough to look backwards at your past behavior — your creditworthiness will change dynamically as you move around, make purchases and stay active.
|
|
Linked to Zhangzhou Municipality: The ratings of Zhanglong are credit-linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Zhangzhou Municipality.
|
|
RATING SENSITIVITIES Links with Sponsor: An upgrade of Fitch's internal assessment of the creditworthiness of Wuhan municipality may trigger positive rating action on the company.
|
|
Funding Circle, a peer-to-peer lender based in London, uses machine-learning programs alongside more conventional methods to assess the creditworthiness of potential borrowers.
|
|
Like rivals SoFi or Upstart, Affirm uses data science technology to value the creditworthiness of potential borrowers, instead of traditional credit measurements, like FICO scores.
|
|
Clarity Money says it will market offers to you, but won't let third-parties do the same, and won't share information about your creditworthiness—though .
|
|
KEY RATING DRIVERS Peru's creditworthiness is underpinned by its track record of macro policy credibility, consistency, and flexibility, which has delivered macroeconomic and financial stability.
|
|
KEY RATING DRIVERS IDRs AND VRs FRB's IDRs are driven by the bank's intrinsic creditworthiness, as defined by the bank's Viability Rating (VR) of 'bb+'.
|
|
NATIONAL RATINGS A change in FRB's National Ratings would result from a change in the bank's creditworthiness relative to the other entities in South Africa.
|
|
Negative rating action on CQNA could derive from a deterioration of Chongqing Municipality's credit profile, which could lower Fitch's internal assessment of the municipality's creditworthiness.
|
|
With Berlin as a shareholder, the merged bank would be seen as having an implicit government guarantee of its creditworthiness, cutting its cost of funding.
|
|
A downgrade may also stem from weaker fiscal performance or increased indebtedness of the municipality, leading to deterioration of Fitch's internal assessment of its creditworthiness.
|
|
Wuxi's Strong Creditworthiness: Wuxi is part of the province of Jiangsu, which is one of China's strongest economic regions in terms of gross regional product.
|
|
A downgrade could also stem from weaker fiscal performance or increased indebtedness of the municipality that causes our internal assessment of its creditworthiness to deteriorate.
|
|
Creditworthiness of Huai'an Municipality: An upgrade or downgrade of Fitch's internal credit view on Huai'an municipality may trigger similar rating action on Huai An Traffic.
|
|
Fears over the creditworthiness of Chinese borrowers have grown amid a broader economic slowdown that has seen a flurry of debt defaults in recent months.
|
|
National-scale ratings are local relativities of creditworthiness and, therefore, could potentially change depending on how BICSA's IDRs compare to other rated entities in Panama.
|
|
Banks lost confidence in each other's creditworthiness and refused to lend; a knock-on effect was that companies found it hard to get trade credit.
|
|
Congress and the administration can discuss future spending cuts, but it was "absolutely critical" to preserve U.S. creditworthiness by paying debts already incurred, he said.
|
|
Qingdao's Solid Creditworthiness: Qingdao ranked first in Shandong province and 11th among China's 36 major cities in terms of Gross Regional Product (GRP) in 0003.
|
|
Advocates said they worry the reversal of this guidance would cause auto lenders and dealers to price loans on criteria other than creditworthiness and income.
|
|
Like García Padilla, Rosselló understands fully that the commonwealth moving forward must create conditions that will restore the creditworthiness needed for access to capital markets.
|
|
Here's what it means: Fintechs have long used alternative data to assess creditworthiness, and the latest move highlights that conventional approaches are increasingly becoming sidelined.
|
|
A downgrade could also stem from weaker fiscal performance or increased indebtedness of the government that causes our internal assessment of its creditworthiness to deteriorate.
|
|
But judging creditworthiness is tricky in a country where cash reigns, fraud is rife and even the most basic details can be difficult to verify.
|
|
World Elite MasterCard Capital One No annual fee Zero percent introductory rate for one year, then 24.993 to 23.65 percent variable APR based on creditworthiness.
|
|
Visa Signature BMW Bank of North America $75 Zero percent introductory rate for 15 months, then 13.99 to 43 percent variable APR based on creditworthiness.
|
|
We look at an individual's creditworthiness, which includes factors like personal credit scores, how much debt you have, and how that debt has been managed.
|
|
High risk premiums on loans to small firms reflect commercial banks' traditional reluctance to extend credit to the sector because of concerns about their creditworthiness.
|
|
Note: The original version of this story was updated to correct that the integration with banks doesn't use Tez payment data to assess user creditworthiness.
|
|
Significant earnings are generated from high -yielding domestic government securities, but deterioration in the sovereign creditworthiness would generate significant losses in the bank's securities portfolio.
|
|
Chinese lenders and officials have turned to unfamiliar and sometimes unorthodox ways to determine creditworthiness, including tracking cellphone use and counting toothbrushes in people's bathrooms.
|
|
Once the three months are up, payment of the charges accrued will be spread over two years, without risk of default or damage to creditworthiness.
|
|
Weaker fiscal performance or increased debt of the municipality could lower Fitch's internal assessment of CUCI's creditworthiness and trigger negative rating action on the company.
|
|
According to the report, the agency is close to lowering the state's creditworthiness below investment grade if a state budget isn't agreed upon by lawmakers.
|
|
Most of the city's large banks could handle a 30 percent decline in property prices without it denting their creditworthiness, reckons S&P Global Ratings.
|
|
P3 payment obligation risks can also stress the credit profile of procuring governments, especially in economic downturns or for governments with poor creditworthiness, Moody's said.
|
|
"Sovereigns controlling a reserve currency benefit from extensive external and monetary flexibility, which supports government creditworthiness," said Frank Gill, director of sovereign ratings at S&P.
|
|
In a trial, FICO, America's main credit-scorer, found that the words someone uses in his Facebook status could help predict his creditworthiness (tip: avoid "wasted").
|
|
SoFi actually started its business in the student loan space with a very simple premise: Your educational background is highly correlated with your creditworthiness over time.
|
|
The card carries no fees, but customers who don't pay their balance in full are subject to a 12.99% to 23.99% variable APR based on creditworthiness.
|
|
The change in Outlooks on the National Ratings of Denizbank and Deniz Leasing reflects the possible strengthening of entities' creditworthiness relative to other entities in Turkey.
|
|
It has risen 29 basis points this week, pushed up after credit ratings agency DBRS warned on Tuesday that pressures were building on the country's creditworthiness.
|
|
KEY RATING DRIVERS Linked to Jinan Municipality: JWC's ratings are credit linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Jinan Municipality.
|
|
A downgrade could also stem from weaker fiscal performance or increased indebtedness of the City of Lodz, leading to deterioration in the sponsor's internally assessed creditworthiness.
|
|
The Positive Outlook reflects Fitch's view that the creditworthiness of the collateral securities is likely to be upgraded over the medium term if current trends persist.
|
|
KEY RATING DRIVERS Links to Qingdao Municipality: QCCI's ratings are credit linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Qingdao Municipality.
|
|
Chongqing's Creditworthiness: Chongqing is one of four central-government-controlled municipalities in China and serves as one of the key growth drivers of China's western development.
|
|
Meanwhile investors in Russia were waiting to hear from ratings agencies Fitch and S&P Global about latest assessment of the country's creditworthiness later on Friday.
|
|
KEY RATING DRIVERS Gansu Province's Creditworthiness: Gansu, a province in northwest China, has a small gross regional product that ranks 23rd among China's 31 mainland provinces.
|
|
Visa BMW Bank of North America No annual fee Zero percent introductory rate for 15 months, then 13.99 to 24.99 percent variable APR based on creditworthiness.
|
|
Fuel theft costing billions of dollars a year, along with dwindling output, has weighed heavily on state oil firm Pemex, threatening to damage the government's creditworthiness.
|
|
On Thursday, Moody's downgraded its outlook for the German banking system to "negative" from "stable" as profitability and overall creditworthiness weaken in the low rate environment.
|
|
The card charges a variable interest rate, currently 12.99% to 23.99%, based on your creditworthiness and other factors as determined at the time of account opening.
|
|
" The bond ratings agency Moody's concluded that the litigation is a modest positive for TransCanada's creditworthiness, but described the financial upside to suing as "very uncertain.
|
|
"North Korea will require substantial and sustained amounts of external financing, hence the need for it to establish creditworthiness," they said in an email to Reuters.
|
|
Sallie Mae's offerings have no annual fee and a 0% introductory offer but after that the APR ranges from 14.99% to 24.99%, based on your creditworthiness.
|
|
Negative rating action on XICI could derive from deterioration in the credit profile of Xi'an Municipality, which could lower Fitch's internal assessment of the municipality's creditworthiness.
|
|
In November the conglomerate also suffered a downgrade in its creditworthiness, as measured by S&P Global Ratings, as a result of its "aggressive financial policy".
|
|
With surveys showing record support for independence, investors appear to be taking extra steps to protect themselves against uncertainties over the country's future currency and creditworthiness.
|
|
Sanders proposal would be a significant change in how Americans find out their creditworthiness in the United States — and how that credit score can be used.
|
|
Not only could the bill eventually hurt U.S. creditworthiness, it is unlikely to bring about spending since corporations and the rich benefit the most, he said.
|
|
"The stable outlook reflects offsetting risks to the UK's creditworthiness," the agency said, also maintaining its sovereign credit ratings for the country at 'AA/A-1+'.
|
|
But on Friday, Jeffrey Cassella, an analyst at Moody's Investors Service, said he needed more details to assess whether the fund would bolster the companies' creditworthiness.
|
|
RATING SENSITIVITIES A weakening of Achmea's creditworthiness as assessed by Fitch could result in a downgrade of Achmea Bank's IDRs, Support Rating and senior unsecured debt ratings.
|
|
A downgrade could also stem from a weaker fiscal performance or increased indebtedness of the province, leading to deterioration in Fitch's internal assessment of the sponsor's creditworthiness.
|
|
Credy is riding the wave of a few major reforms in India that will make it easier to identify applicants, determine their creditworthiness and increase digital banking.
|
|
Last week, ratings agency Moody's bought a climate data firm in order to assess climate change risks on the creditworthiness of governments and cities across the globe.
|
|
Companies such as ZestFinance, Lenddo, SAS, Equifax, and Kreditech are selling their AI-powered systems to banks and other companies, to use for their own creditworthiness decisions.
|
|
Fintech firms like SoFi, LendingClub, Prosper, Avant and GreenSky offer digital or mobile-first options that often use data points aside from FICO scores when assessing creditworthiness.
|
|
DBN's National Ratings reflect Fitch's opinion of the bank's creditworthiness relative to the Namibian sovereign and universe of issuers and issues within the country and South Africa.
|
|
KEY RATING DRIVERS Linked to Changsha Municipality: Changsha Pilot's ratings are credit linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Changsha Municipality.
|
|
Negative rating action on CQNA could derive from a deterioration of the credit profile of Chongqing Municipality, which could lower Fitch's internal assessment of the municipality's creditworthiness.
|
|
Negative rating action on BIG could derive from a deterioration of the credit profile of Baoji Municipality, which could lower Fitch's internal assessment of the municipality's creditworthiness.
|
|
KEY RATING DRIVERS Links to Huai'an Municipality: Huai An Traffic's ratings are linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Huai'an municipality.
|
|
MUFG also booked a 24.5 billion yen gain from clawing back provisions it had set aside in the past for potential bad loans as borrowers' creditworthiness improved.
|
|
Creditworthiness of COAM: Any rating action on COAM would lead to changes in the ratings of COAMI as the latter's ratings are derived from that of COAM.
|
|
That would have damaged its creditworthiness just as it scrabbles for funds to pay debt and cover the impact of $6.3 billion in liabilities linked to Westinghouse.
|
|
It is one thing for credit bureaus to inform lending establishments of consumer creditworthiness, but another for them to serve as behind the scenes marketing intelligence firms.
|
|
But with a significant chunk of the region's debt held by banks, bankers fear that any diminishing in the creditworthiness of borrowers will affect their balance sheets.
|
|
By identifying patterns that humans would otherwise miss, algorithms can detect suspicious activity, optimize portfolios to minimize systemic risk, recommend strategic investments, and assess a borrower's creditworthiness.
|
|
KEY RATING DRIVERS Linked to Xi'an Municipality: The ratings of XICI are credit-linked to, but not equalised with, Fitch's assessment of the creditworthiness of Xi'an Municipality.
|
|
Changde's Creditworthiness: Changde is the third-largest economy in Hunan province by gross regional product (GRP), ranking within the first quartile of China's 333 prefecture-level cities.
|
|
Ratings agency Moody's has issued a "negative" annual outlook for sovereign creditworthiness in the euro area for 2020, downgrading the bloc from "stable" this time last year.
|
|
This misconception may come from the fact that income affects your creditworthiness, a similar but distinct measure that credit card issuers use to determine your interest rates.
|
|
Securing working capital is a major pain point across Southeast Asia, with several startup and financial institutions working on new tools to gauge creditworthiness and manage loans.
|
|
DERIVATION SUMMARY Fitch assesses BFG's rating by notching down from its internal assessment of the creditworthiness of Shanghai SASAC, reflecting the close linkage between the two entities.
|
|
Chinese bond yields, particularly low-rated issues, have risen sharply over the past month as investors priced in weakening corporate creditworthiness and a more cautious central bank.
|
|
EU's and Euratom's creditworthiness is supported by EU legislation, which allows their debt to be repaid through priority recourse to EU budget revenues over other non-priority expenses.
|
|
Creditworthiness is a major challenge for cities in countries with poor credit ratings, which make it harder and more expensive for them to attract money from capital markets.
|
|
Creditworthiness of COAM: Any rating action on COAM would lead to changes in the ratings of Dong Yin as the latter's ratings are derived from that of COAM.
|
|
The company plans to vet applicants using a mixture of existing platforms for data, including government initiatives like MyInfo, and its own credit-scoring engine for creditworthiness assessment.
|
|
A pre-approval analyzes your creditworthiness, tells you how much you can borrow from your lender and, ultimately, can make the difference between winning a bid or not.
|
|
Getting a look at that three-digit number – which lenders use as a measure of your creditworthiness to approve loans and set interest rates – is easier than ever.
|
|
"It signals that the acute phase of the Russian crisis is over and none of the agencies expect further deterioration on the macro and creditworthiness front," Maggio added.
|
|
The auction is closely watched as a litmus test of investor appetite for Italian debt, a day before credit rating agency Fitch is due to assess Italy's creditworthiness.
|
|
Be smart: Local government-bond interest rates are mostly a function of domestic monetary policy and inflation expectations; they tell you next to nothing about a country's creditworthiness.
|
|
It has been kept afloat by government bailouts but is regularly cited by ratings agencies as one of the main threats to South Africa's creditworthiness and economic growth.
|
|
So loans to riskier borrowers meant higher revenues but no corresponding provisions; and no provision was made when creditworthiness declined, as long as borrowers kept servicing their loans.
|
|
The annual percentage yield (APY) is 14.99 to 23.99 percent, based on your creditworthiness, after six months of 0 percent on purchases, and 10.99 percent on balance transfers.
|
|
But unlike 2008 when widening spreads tightened financial conditions and torpedoed banks' creditworthiness, this was a regulation-driven move that had "limited" spillover effects on broader financial markets.
|
|
Around the same time, a handful of finance start-ups sought to find better ways to help lenders predict the creditworthiness of potential borrowers by using behavioral data.
|
|
Apart from ICRA, India Ratings & Research, which is owned by Fitch Ratings and CARE Ratings had also granted IL&FS ratings to show the highest levels of creditworthiness.
|
|
Usually your rate will differ from the "as low as" rate, and fall somewhere in between the range, depending on your creditworthiness — basically your credit score and history.
|
|
Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Weaker fiscal performance or higher municipality debt could lead to a lowering of Fitch's internal assessment of Zhenjiang Municipality's creditworthiness and may trigger negative rating action on Hanrui.
|
|
He also said a policy question is whether new technologies comply with existing laws, such as whether algorithms to determine a consumer's creditworthiness raise issues of illegal bias.
|
|
KEY RATING DRIVERS Linked to Zhangzhou Municipality: The ratings of Zhanglong are credit-linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Zhangzhou Municipality.
|
|
Cross-strait relations have cooled since President Tsai Ing-wen of the Democratic Progressive Party (DPP) took office in May 2016, but have not altered Taiwan's sovereign creditworthiness.
|
|
In an email, Goldman said Apple Card applicants were evaluated independently, according to income and creditworthiness, taking into account factors such as personal credit scores and personal debt.
|
|
VRDP PURCHASE OBLIGATION The short-term ratings assigned to the VRDP Shares of each series are directly linked to the short-term creditworthiness of the associated liquidity provider.
|
|
KEY RATING DRIVERS New City's Strong Creditworthiness: New City is a district level local regional government in Urumqi, the capital of Xinjiang Uyghur Autonomous Region in northwest China.
|
|
KEY RATING DRIVERS Links to Zhuhai Municipality: Huafa's ratings are credit-linked but not equalised with Fitch's internal assessment of the creditworthiness of Zhuhai Municipality in southern China.
|
|
Moody's recently changed its outlook on the Indonesian banking system to positive from stable, as it saw improvements in the country's operating environment, asset quality and sovereign creditworthiness.
|
|
However, a change in the issuers' creditworthiness relative to the universe of issuers within Indonesia, including the Indonesian sovereign, would lead to a change in their National ratings.
|
|
A preapproval analyzes your creditworthiness, tells you how much you can borrow from your lender and ultimately, can make all the difference between winning a bid or not.
|
|
Since those asset values fluctuate with commodity prices, banks re-evaluate their energy customers' creditworthiness twice a year in a process the industry calls the borrowing base redetermination.
|
|
A weaker fiscal performance or higher municipality indebtedness could lead to a lowering of Fitch's internal assessment of Zhenjiang's creditworthiness and thus trigger negative rating action on HanRui.
|
|
However, the ratings are constrained by the sovereign rating, given the banks' high exposure to sovereign creditworthiness through their liquid assets portfolios and lending to sovereign-owned enterprises.
|
|
A Paytm banking affiliate is exploring how to offer loans too small to interest a normal bank, with creditworthiness assessed by examining a borrower's transactions on the service.
|
|
Credit monitoring services such as Equifax collect vast amounts of financial information from consumers, working with banks and other lenders, for example, to track the creditworthiness of individuals.
|
|
KEY RATING DRIVERS Huai An Traffic's ratings are linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Huai'an municipality, located in China's Jiangsu province.
|
|
Poor financial literacy can hurt you for years, especially if you don't understand what helps and hurts your creditworthiness, said Heather Battison, vice president, global marketing at TransUnion.
|
|
Raising the U.S. debt limit — mandatory for preserving the creditworthiness of the world's leading economy — has been the single hardest thing for Congress to accomplish in recent years.
|
|
The extent to which the new amnesty law is positive for Indonesia's creditworthiness will depend on how long and by how much revenues are bolstered beyond the immediate period.
|
|
VR BBVAC's VR, which reflects the company's intrinsic creditworthiness absent any extraordinary support, was affirmed at 'bbb' primarily reflecting the company's solid capital position, and good asset quality profile.
|
|
OMLACSA's and M&F's National scale ratings have not been affected by the sovereign downgrade, as the relative creditworthiness of South African insurance groups remains unchanged, in Fitch's view.
|
|
There have been countless episodes in different contexts that have illustrated this in high resolution in recent years, from social media advertising to creditworthiness decision-making to subsidy dispensations.
|
|
KEY RATING DRIVERS Linked to Huzhou Municipality: The ratings of HIDG are credit linked, but not equalised with, Fitch's assessment of the creditworthiness of Huzhou Municipality in eastern China.
|
|
In a note published by the ratings agency on Wednesday, it warned that if a "Brexit" should occur (if the U.K. leaves the EU) its creditworthiness could be damaged.
|
|
The medium-term impact of president-elect Trump's economic and fiscal policies would be negative for U.S. sovereign creditworthiness if they were implemented in full, the ratings agency said.
|
|
Fitch downgraded the United Kingdom's sovereign rating to "AA" from "AA+" and said the outlook was negative - meaning that it could further cut its judgment of the country's creditworthiness.
|
|
A couple of generations ago, you would apply for a home mortgage at a bank that knew you, and a bank manager would make a determination of your creditworthiness.
|
|
The sovereign's creditworthiness constrains Bancaribe's international ratings due to its exposure to public sector securities, as well as vulnerability to the government's policy choices and the country's economic performance.
|
|
This means that Obama benefits when the US stock market goes up in value and when the global investment community is confident in the creditworthiness of the American government.
|
|
A weaker fiscal performance or heightened indebtedness of the regional government could lower Fitch's internal assessment of the autonomous region government's creditworthiness and trigger negative rating action on IMHCD.
|
|
Another limiting factor on the rating (but inherent to the strategy) is OHI's exposure to private, unrated operators, which limits the extent to which Fitch can assess their creditworthiness.
|
|
Guangxi's Creditworthiness: Guangxi is the only region under China's Western Development Plan has a coastline, making it a key gateway for imports and exports to flow to western China.
|
|
Sakha provides support to its infrastructure across the region's vast territory amid harsh climatic conditions but a disproportionate growth of contingent risk will put the region's creditworthiness under pressure.
|
|
The power company was at the heart of corruption scandals surrounding ousted president Jacob Zuma and is regularly cited by ratings agencies as a threat to the country's creditworthiness.
|
|
The ultimate decision would be driven by the rationale for the sovereign rating action and Fitch's view of how this impacts SASA's operating environment, investment risk and overall creditworthiness.
|
|
Petal uses a more holistic and comprehensive underwriting model to determine the creditworthiness of credit card applicants compared to traditional banks that rely predominantly on an applicant's FICO score.
|
|
They struck a nerve with New York State regulators, who announced on Saturday that they would investigate the algorithm used by Apple Card to determine the creditworthiness of applicants.
|
|
"Our credit decisions are based on a customer's creditworthiness and not on factors like gender, race, age, sexual orientation or any other basis prohibited by law," Mr. Williams said.
|
|
They say additional information that banks are not required to disclose, like debt-to-income ratios and creditworthiness of borrowers, accounts for lending discrepancies in loan denials for minorities.
|
|
The lender usually also pays the credit bureau for a credit score, which is a numerical value of your report that determines your creditworthiness, interest rate, fees and terms.
|
|
Based on that forecast, he recommends Treasury Inflation-Protected Securities, or TIPS, which offer the creditworthiness of other Treasury bonds but feature rates that move in line with inflation.
|
|
KEY RATING DRIVERS IDRs The IDRs reflect both the standalone creditworthiness of ARB as defined by its VR and an extremely high probability of support from the Saudi authorities.
|
|
NATIONAL RATINGS The affirmation of the banks' National Ratings with Stable Outlooks reflects Fitch's view that their creditworthiness relative to one another and to other Turkish issuers remains unchanged.
|
|
A pre-approval analyzes your creditworthiness, tells you how much you can borrow from your lender and, ultimately, can make all the difference between winning a bid or not.
|
|
Then, shortly after the card&aposs launch, it faced an initial investigation by the New York Department of Financial Services to determine whether its creditworthiness algorithm demonstrates gender bias.
|
|
KEY RATING DRIVERS Linked to Yancheng Municipality: The ratings of Yancheng Oriental are credit-linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of Yancheng Municipality.
|
|
Another limiting factor on the rating (but inherent to the strategy) is CCP's exposure to private, unrated operators, which limits the extent to which Fitch can assess their creditworthiness.
|
|
If the capital increase is successful, Creval's creditworthiness would improve, which could lead to an upgrade of the VR, IDR and debt ratings, potentially by more than one notch.
|
|
This is the credit-reporting firm that telecom companies (cellphone, cable, etc.) and utilities (gas, electric, etc.) use to check your creditworthiness when you want to open an account.
|
|
Mueller's team lambasted Manafort as man who used lies like rubber checks to build a fortune, and took out millions in loans from American banks while misrepresenting his creditworthiness.
|
|
Lacewell's remarks come as more insurance companies and banks are relying on technology and automation to help make decisions that range from determining auto insurance eligibility and premiums to creditworthiness.
|
|
Mizuho Financial Group Inc, Japan's second-biggest financial group after MUFG, last year set up joint venture J.Score Co with SoftBank Group Corp, using artificial intelligence to calculate individuals' creditworthiness.
|
|
Thanks to its link with Tencent, which owns WeChat, one of the country's leading messaging platform, it is able to examine data about their contacts and payments to judge creditworthiness.
|
|
KEY RATING DRIVERS IDRs AND VIABILITY RATINGS The IDRs of the banks' (and their holding companies) are driven by standalone creditworthiness, as defined by the respective institutions' Viability Ratings (VR).
|
|
At the same time the agency expects a current balance of close to 1% in 2016-2018, weighed down by growing interest payments, and placing the region's creditworthiness under pressure.
|
|
The company said more stringent creditworthiness assessments introduced in Romania last year were likely to reduce the volume of loans it was allowed to provide to customers in that country.
|
|
I agree with Fred Wilson's opinion in these cases: A company should take on debt based on its own market opportunity and creditworthiness, not based on who their VCs are.
|
|
It says the goal is to provide among the "lowest rates in the industry," but offers rates ranging from 13.24 percent to 24.24 percent—again, pretty average—based on creditworthiness.
|
|
The outlook for emerging Europe sovereign ratings in 2017 is stable, but there are four Negative Outlooks and no Positive Outlooks, highlighting that risks to creditworthiness are on the downside.
|
|
A weaker fiscal performance and/or heightened indebtedness of the regional government could lower Fitch's internal assessment of GCI's creditworthiness and thus may trigger a negative rating action on GCI.
|
|
The medium-term impact of president-elect Trump's economic and fiscal policies would be negative for U.S. sovereign creditworthiness if they were implemented in full, the ratings agency said. bit.
|
|
As Abhijit Banerjee and Esther Duflo, two economists, observe in their book "Poor Economics" (2011), banks need a lot more information to judge borrowers' creditworthiness and be sure of repayment.
|
|
Moody's said on June 24 that Britain's creditworthiness was at greater risk after the referendum result and it assigned a negative outlook to its 'Aa1' rating for British government debt.
|
|
By starting with checking account instead of a credit card, Google is ensuring that it doesn't have to "disappoint" customers by not approving their creditworthiness, according to Bain's du Toit.
|
|
KEY RATING DRIVERS - NATIONAL RATINGS AND SENIOR DEBT ATL's, AL's, AIL's, ML's and WIB's National Ratings are support-driven while those of TL, HL and CIL reflect their standalone creditworthiness.
|
|
Insurance companies were required to view the vehicles as normal state-owned companies, and conduct strict risk assessment of LGFV projects based on their commercial viability instead of government creditworthiness.
|
|
On the national scale Land Bank's National Rating of 'AA+(zaf)' reflects lower perceived creditworthiness relative to the sovereign due to the absence of explicit guarantees for its issued debt.
|
|
Simultaneously, algorithms are already analyzing social media habits, determining creditworthiness, deciding which job candidates get called in for an interview and judging whether criminal defendants should be released on bail.
|
|
AI models can be better at assessing creditworthiness than traditional ones, according to a recent Bank for International Settlements study that was based on data from a Chinese fintech firm.
|
|
Zhenjiang's Creditworthiness: Zhenjiang's economy is backed by a traditionally strong secondary industry and the expanding tertiary industry has also become an important driver as part of the municipality's economic transformation.
|
|
It's not exactly untrue, but I think it's misleading, because it leaves out several really important factors out of the picture (the bank's reserves, creditworthiness of the borrowers, FDIC insurance, etc.).
|
|
The exposure draft includes a proposal to append '+' or '-' modifiers to 'CCC' Long-Term Issuer Default Ratings (and long-term debt ratings) to denote relative status/creditworthiness within this rating level.
|
|
The sovereign rating of countries under the OBOR umbrella can actually act as a guide to the creditworthiness of a particular project, although the ratings are of speculative grade, Fitch said.
|
|
Experts say the CFPB action highlights something consumers may not understand about credit scores: There's no one magic three-digit number that lenders use to assess borrowers' creditworthiness and set rates.
|
|
How valuable something is, be it a luxury object like a painting or a common resource like clean drinking water, can and should now be reconceived in terms of its creditworthiness.
|
|
DBRS told Reuters on Tuesday that pressures were building on its creditworthiness as a low-growth economy battles to contain high debt levels and contend with strains in the banking sector.
|
|
It's being deployed in health care and warfare; it's helping people make music and books; it's scrutinizing your resume, judging your creditworthiness, and tweaking the photos you take on your phone.
|
|
Credit monitoring services such as Equifax collect vast amounts of financial information from consumers without their knowledge, working with banks and other lenders, for example, to track the creditworthiness of individuals.
|
|
Called UangTeman, or "MoneyFriend," Indonesia's first online, short-term loan provider uses algorithms to determine borrowers' creditworthiness based on their internet surfing history, social media data and the devices they used.
|
|
The trust was sued in June this year by eight investors who allege it misrepresented the risks involved in products it sold them and failed to adequately assess the guarantor's creditworthiness.
|
|
DBRS told Reuters on Tuesday that pressures were building on Portugal's creditworthiness as a low-growth economy battles to contain high debt levels and contends with strains in the banking sector.
|
|
George Buckley of Nomura, a bank, suggests that as banks' creditworthiness has continued to improve in the past year, their funding costs in private markets have fallen relative to Bank Rate.
|
|
Both examples highlight increasing distrust in China's interbank market as smaller banks, asset managers and brokerages find their creditworthiness questioned in the wake of the takeover of Inner Mongolia-based Baoshang.
|
|
CBA takes the risk but can use the know-your-customer checks already done digitally by M-PESA to open the account, and the M-PESA payment history to gauge creditworthiness.
|
|
While credit ratings are used in the bond market to provide information of the borrower's creditworthiness, green bonds do not have a universal standard that determines the "greenness" of the bond.
|
|
Like all Venezuelan banks, the sovereign's creditworthiness constrains BOD's ratings due to exposure to public sector (mostly sovereign) securities, as well as vulnerability to the government's economic and regulatory policy choices.
|
|
In Fitch's view, debt issued by LFL is sufficiently isolated from LeasePlan so that failure to service it, all else being equal, may have limited implications for the creditworthiness of LeasePlan.
|
|
"This coming budget process is really important for the state's creditworthiness," said Gabriel Petek, an analyst at S&P Global Ratings, which rates Illinois one notch above junk at BBB-minus.
|
|
According to Fitch's criteria, a double-leverage ratio of 120% or below indicates a manageable level of debt service costs, thus supporting the equalization of Invatlan's creditworthiness with that of Atlantida.
|
|
M-Kopa, a Kenyan company backed by the Gates Foundation, has sold some 375,000 solar panels on credit, using mobile money to collect payments and to monitor the creditworthiness of borrowers.
|
|
Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Note to editors: Fitch's National Ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
LONDON, May 25 (Reuters) - A decision by euro zone finance ministers to unlock further aid to Greece is a positive development for the sovereign's creditworthiness, Moody's ratings agency said on Wednesday.
|
|
In Fitch's view, debt issued by LHC3 is sufficiently isolated from AFB so that failure to service it, all else being equal, may have limited implications for the creditworthiness of AFB.
|
|
Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Zhenjiang's Creditworthiness: Zhenjiang's economy is backed by a traditionally strong secondary industry and maintained strong gross regional product (GRP) growth of 10.6% in 2016, outperforming both Jiangsu and the national average.
|
|
The main use of the debt limit now is to prevent the government from paying its bills on time, putting the nation's creditworthiness at risk and threatening a global financial crisis.
|
|
According to Fitch's criteria, a double-leverage ratio of 120% or below indicates a manageable level of debt service costs, hence supporting the equalization of Invatlan's creditworthiness to that of Atlantida.
|
|
The central bank told lenders they should advise customers that cheques that bounce due to insufficient funds will be recorded with the Al Etihad Credit Bureau and can hurt their creditworthiness.
|
|
And speculators would be intimidated by the "flexible credit lines" and other tools in its cupboard, meaning that they would never test the currencies and creditworthiness those tools are designed to defend.
|
|
FWU AG's creditworthiness is unaffected by continuing low investment yields because the company's interest-bearing liabilities are less than 1% of total assets - as is typical for a pure unit-linked provider.
|
|
Factors that could improve creditworthiness include stronger-than-expected operating results, an adjusted leverage ratio at or under 13x and continued positive SSS while maintaining its leadership in the office supply market.
|
|
The CTA took that information to the Rabobank Foundation, a Dutch social fund, which used it to gauge the farmers' creditworthiness and agreed to lend the program 1 billion Ugandan shillings ($270,000).
|
|
RATING SENSITIVITIES The ratings of BayernLB's grandfathered state-guaranteed market-linked securities are sensitive to changes to Fitch's view of Bavaria's creditworthiness, which is closely linked to that of Germany (AAA/Stable).
|
|
However, negative sentiment around sovereign creditworthiness may lead to a drain on liquidity in an extreme scenario and reduce access to debt capital markets for the banks, triggering a negative rating action.
|
|
The Stable Outlooks on the National Ratings reflect Fitch's view that the creditworthiness of Russian issuers relative to each other would be unlikely to change significantly in case of a sovereign downgrade.
|
|
When the debit-style feature is turned off, Zerocard works similar to a charge card with no preset spending limit, though that doesn't mean unlimited credit (creditworthiness is assessed in real-time).
|
|
From time to time, however, lenders lose faith in borrowers' ability to repay and stop lending; a fire sale of assets can follow, further weakening the belief in the creditworthiness of borrowers.
|
|
STATE-GUARANTEED/GRANDFATHERED SECURITIES The ratings of HSH's state-guaranteed/grandfathered senior debt, subordinated debt and market-linked securities are sensitive to changes in Fitch's view of the creditworthiness of the guarantors.
|
|
RATING SENSITIVITIES The ratings of LBBW's grandfathered state-guaranteed market-linked securities are primarily sensitive to changes to Fitch's view of BW's creditworthiness, which is linked to that of Germany (AAA/Stable).
|
|
The Outlook on Bank of Ceylon's, NSB's and People's Bank's National Long-Term Ratings is Stable as their national ratings reflect the banks' creditworthiness relative to the best credit in Sri Lanka.
|
|
This factor plus the numerous regulatory obstacles and overall creep factor have made online lenders to conclude that using social media as a judgment of creditworthiness is not effective, the Journal reported.
|
|
Sakha faces a need to support under-developed infrastructure across the region's vast territory amid harsh climatic conditions but a disproportionate growth of contingent risk will put the region's creditworthiness under pressure.
|
|
Portugal's 133-year bond yield has risen more than 20 basis points this week, pushed higher after credit ratings agency DBRS warned on Tuesday that pressures were building on the country's creditworthiness.
|
|
Broadbent said his caution stemmed in part from uncertainty in businesses about the outlook for Brexit - something that is putting the British government's creditworthiness under strain, ratings agency Moody's said on Tuesday.
|
|
A weaker fiscal performance and/or heightened indebtedness of the provincial government could cause us to lower our internal assessment of AHTG's creditworthiness and this may trigger negative rating action on AHTG.
|
|
MOSCOW, April 23 (Reuters) - Russia's central bank said on Monday it has decided to permit Russian banks not to raise risk levels when assessing the creditworthiness of companies sanctioned by foreign countries.
|
|
But while tighter credit may help bolster corporate China's overall creditworthiness and remove surplus capacity, it also drives financing activity elsewhere, to non-traditional lenders and other parts of the capital markets.
|
|
LoanSnap argues that borrowers haven't had all of the information available to them about how lenders assess loans, which leads more potential borrowers to assume they have creditworthiness when they actually don't.
|
|
Late last year, Venezuelan oil officials began to consider transferring control of a Venezuelan oil field around San Felix to Citgo to increase Citgo's valuation and raise its creditworthiness for more borrowing.
|
|
Its average loan size ranges from $5,000 to $15,000, but interest rates are high, depending on a host of factors, including how short the term repayment period is and the borrower's creditworthiness.
|
|
According to Sanders' campaign, the new system would use a "transparent algorithm to determine creditworthiness that eliminates racial biases in credit scores" and allows Americans to access their credit scores for free.
|
|
"The lowering of the rating on AMP Life reflects a deterioration in the creditworthiness of the entire AMP group as a result of fallout from the Royal Commission revelations," the agency said.
|
|
As Fitch expects Austria to honour its guarantee for the notes irrespective of Heta's creditworthiness and in a timely manner, the issuer's risk profile does not represent a rating sensitivity for the notes.
|
|
Yunnan's Healthy Creditworthiness: Yunnan Province has a healthy budget underpinned by strong central government support via China's robust fiscal equalisation system, where less developed regions receive government transfers sourced from more developed areas.
|
|
RATING SENSITIVITIES An upgrade of Fitch's internal assessment of Xinyi City's creditworthiness as well as a stronger or more explicit commitment of support from the city may trigger positive rating action on XCID.
|
|
The National Ratings of OMLACSA, M&F and M&F RF would be downgraded if OMEM's creditworthiness deteriorates materially relative to the South African sovereign and its peers in the South African market.
|
|
A strengthening of the creditworthiness of the shareholders, as reflected by upgrades to their ratings, would not necessarily trigger an upgrade of GIC's ratings as this would also depend on support propensity dynamics.
|
|
A weaker fiscal performance or heightened indebtedness of the provincial government could lead to a lowering of Fitch's internal assessment of JWC's creditworthiness and thus may trigger a negative rating action on JWC.
|
|
The IDRs of BSF and SABB reflect their intrinsic creditworthiness and financial strength, as underlined by their respective VRs, but are also underpinned by potential sovereign support, as underlined by their respective SRFs.
|
|
Tala is able to evaluate an applicant's creditworthiness and capacity simply using the data on their mobile device, meaning Tala can offer credit to those who have no formal credit or banking history.
|
|
A negative outlook means that the agency predicts that its creditworthiness is likely to be downgraded in the future and thus increase the level of risk associated with investing in that particular country.
|
|
Because it was providing capital in an otherwise underserved market, Humphrey says LendingHome had to develop its own infrastructure and create its own risk models to determine creditworthiness of borrowers and originate mortgages.
|
|
KEY RATING DRIVERS Strong Linkage with Beijing: Shougang's ratings are linked to Fitch's internal assessment of the creditworthiness of Beijing municipality, reflecting the company's strong operational and strategic ties with the Beijing government.
|
|
A downgrade could also result from a weaker fiscal performance or increased indebtedness of the municipality, leading to deterioration in the sponsor's internally assessed creditworthiness and, as a result, of Jiangsu NHL's ratings.
|
|
Risks in China's banking system rose after Beijing's surprise takeover of troubled Baoshang Bank in May which shocked the market and boosted funding costs for small financial institutions who find their creditworthiness questioned.
|
|
But it could intensify and centralize officials' broader moves to assign ratings to individuals based on creditworthiness and other criteria; practices like credit scoring are only just now taking off in the country.
|
|
For consumers with a low score or no credit at all, financial institutions are beginning to use mobile data, including locations and number of calls and texts, as a means of determining creditworthiness.
|
|
If your company is still in the start-up stage, a good way to demonstrate creditworthiness is to open a business credit card and monthly payments on time and in full, if possible.
|
|
The company is able to do this by pulling data from social networks, online sales, accounting information, shipping documents and dozens of other public sources to gauge risk and creditworthiness of a business.
|
|
A revised debt limit should focus Washington's attention on how the debt is created in the first place, not on whether to harm the nation's creditworthiness and rattle financial markets around the world.
|
|
BRASILIA (Reuters) - Interim President Michel Temer believes the end of the impeachment trial of suspended President Dilma Rousseff, expected next month, will greatly boost investment and confidence in Brazil and help restore its creditworthiness.
|
|
KEY RATING DRIVERS Links to Liangshan Yi Autonomous Prefecture: The ratings of LSID are credit linked to, but not equalised with, Fitch's internal assessment of the creditworthiness of the Liangshan Yi Autonomous Prefecture (Liangshan).
|
|
Their entry into finance could spark rapid change in financial services as the broad range of data on consumer behavior and preferences paints a more detailed picture of a person's creditworthiness, the BIS said.
|
|
NATIONAL RATINGS Banorte's National scale ratings were affirmed, since its IDRs are at the same level of those of the sovereign, and National scale ratings are relative rankings of creditworthiness within a certain jurisdiction.
|
|
S&P said the constitutional reform could help political stability and effectiveness, but a rejection of the referendum would not be significant for Italy's creditworthiness unless it led to a reversal of structural reforms.
|
|
Local banks often find it easier to buy government bills than to do the hard work of assessing the creditworthiness of local businesses, which are asked to pay ruinous interest rates of 20-30%.
|
|
Here's the full language of those three options:-Allow Google Payment Corporation to share third party creditworthiness information about you with other companies owned and controlled by Google LLC for their everyday business purposes.
|
|
NATIONAL RATINGS Banorte's National scale ratings were affirmed, since its IDRs are at the same level as those of the sovereign, and National scale ratings are relative rankings of creditworthiness within a certain jurisdiction.
|
|
Autonomous Region's Creditworthiness: Inner Mongolia is positioned as a strong industrial hub in northern China, benefiting from rich resources, such as mining of coal, iron ore and rare earth as well as wind energy.
|
|
RATING SENSITIVITIES IDRS, SUPPORT RATING AND SENIOR DEBT RATINGS A change of Achmea's creditworthiness as assessed by Fitch could result in a change of Achmea Bank's IDRs, Support Rating and senior unsecured debt ratings.
|
|
LONDON, Nov 7 (Reuters) - Countries' creditworthiness could be increasingly affected by climate change, with African and South Asian sovereigns most susceptible to the economic effects of global warming, ratings agency Moody's said on Monday.
|
|
BEIRUT, Nov 7 (Reuters) - Moody's Investors Service on Thursday downgraded Lebanon's three largest banks by assets further into junk territory, reflecting the weakening creditworthiness of the Lebanese government as political unrest cripples the country.
|
|
And Allin noted that some tech companies are looking to "alternative metrics" such as tracking smartphone usage as an indicator of creditworthiness, rather than relying on traditional data such as credit scores and income.
|
|
Offering financial services via this platform enables Grab to take advantage of its vast swaths of data on its users, allowing it to conduct key metrics like creditworthiness that incumbent FIs lack access to.
|
|
BNA's creditworthiness is intrinsically aligned with that of the sovereign, not only because of the existing explicit guarantee provided by the government, but also given BNA's systemic importance as the largest bank in Argentina.
|
|
KEY RATING DRIVERS Strong Linkage with Beijing: Shougang's ratings are linked to Fitch's internal assessment of the creditworthiness of the Beijing municipality, reflecting the company's strong operational and strategic ties with the Beijing government.
|
|
Even including Finaosta's full financial debt of EUR370 million (EUR175 million drawn at end-2016), in Fitch's view, VdA's overall risk at below 50% of operating revenue does not significantly affect the region's creditworthiness.
|
|
Equifax is one of the country's three major credit bureaus which, along with TransUnion and Experian PLC, gather data on consumer spending habits which is then purchased by banks to determine a customer's creditworthiness.
|
|
Invatlan's creditworthiness is aligned with its main operating subsidiary, Atlantida, since its status as a financial holding company creates a natural dependence on the dividend flows from its subsidiaries to meet its financial commitments.
|
|
In enforcement actions against Ally Bank, American Honda Finance Co., Fifth Third Bank, and Toyota Motor Credit, the agencies found that borrowers of color paid higher interest rates than white borrowers with similar creditworthiness.
|
|
A weakening in the creditworthiness of other entities of CM that are not part of CM13 could also have a negative impact on the ratings, as they could present a burden on its capitalisation.
|
|
RATING SENSITIVITIES The ratings of the grandfathered state-guaranteed market-linked bonds are primarily sensitive to changes in Fitch's view of the creditworthiness of both regional states, which are closely linked to that of Germany.
|
|
Apart from ICRA, two of India's biggest and most prominent agencies - India Ratings & Research, which is owned by Fitch Ratings, and CARE Ratings - had granted IL&FS AAA ratings, indicating the highest level of creditworthiness.
|
|
NATIONAL RATINGS Since Banorte's National ratings are local relative rankings of creditworthiness within a particular jurisdiction, Fitch does not expect these relativities to change in the event of a moderate downgrade in the sovereign rating.
|
|
LONDON (Reuters) - Ratings agency Moody's said Britain's creditworthiness was now at greater risk after voting to leave the European Union, as the country would face substantial challenges to successfully negotiate its exit from the bloc.
|
|
A weaker fiscal performance and/or more heightened indebtedness of the municipal government could lead to a lowering of Fitch's internal assessment of Hangzhou's creditworthiness and thus may trigger a negative rating action on HFI.
|
|
It crunches data from Fair Credit Reporting Act compliant sources including public records, specialty credit bureaus and bank statements, then feeds that information into a proprietary algorithm to assess creditworthiness and offer borrowers better rates.
|
|
U.S. ratings agency Standard & Poor's (S&P) has sliced its credit rating outlooks for China and Hong Kong from stable to negative on Thursday, citing increasing economic and financial risks to the mainland government's creditworthiness.
|
|
Rating agencies have issued a series of warnings that Mexico's creditworthiness may be downgraded if Lopez Obrador cannot turn around state oil firm Pemex, which ended 2018 with more than $100 billion of financial debt.
|
|
But he also made an offhand comment that, if taken literally, would amount to rejecting the very underpinnings of the global financial system and would threaten to undermine the United States' two centuries of creditworthiness.
|
|
The final aspect is the defendant's creditworthiness, since winning a case against an insolvent defendant wouldn't really be a victory in the sense that investors wouldn't be able to get a return on their investment.
|
|
Also, the local holding company of both operating entities, GF Inbursa, whose creditworthiness is totally aligned with that of its main operating subsidiary (BInbursa), is legally enforced to provide support to its subsidiaries, if necessary.
|
|
"Sempra's growth strategy relies on siphoning earnings and creditworthiness from its core California utilities and deploying that capital into various unrelated businesses with poor returns and results," they said in a presentation accompanying the letter.
|
|
"The negative outlook on DEWA reflects the possibility that our assessment of Dubai's creditworthiness could deteriorate further in the next two years, which would put further pressure on our rating on DEWA," S&P said.
|
|
Fitch Ratings, another ratings firm, downgraded $400 million in offshore bonds issued by the state-owned Inner Mongolia High-Grade Highway Construction and Development Company Ltd, citing concerns about the creditworthiness of the regional government.
|
|
When you apply for credit like a credit card or a loan, lenders make hard inquiries, which are requests to examine your credit, determine your creditworthiness, and decide whether or not to lend to you.
|
|
The country's top banks, controlled by the government, have rushed to sign deals with state-owned enterprises to ease their debt burden and give them time to turn around their business and improve their creditworthiness.
|
|
After that, accepted balance transfers have a fee of $5 or 3% of the amount of each transfer, whichever is greater and a rate of 12.99% to 23.99% based on your creditworthiness and other factors.
|
|
A Goldman Sachs representative told Gizmodo via email that in evaluating creditworthiness, the bank considers an applicant's TransUnion FICO score, as well as write-offs, bankruptcies, and past due payments on other credit card accounts.
|
|
Credit ratings became a hot topic in Russia after the sanctions over Moscow's annexation of Crimea from Ukraine, with Russian companies immediately affected by the downgrading of Russia's creditworthiness by the world's leading rating agencies.
|
|
Fair Isaac's FICO scores are a measure of risk that banks and credit card companies use to make lending decisions, and are used by Fannie Mae and Freddie Mac to determine creditworthiness of mortgage applicants.
|
|
Last month, ratings agency Moody's issued a negative outlook for sovereign creditworthiness in 2020, citing a "disruptive and unpredictable" political environment for the $63.2 trillion in outstanding government debt across the 142 sovereigns it rates.
|
|
Within the leaked memo, one example given to justify this new rule is a credit rating, because credit ratings are ostensibly based on your creditworthiness and not your race, gender, sexuality, or other protected characteristic.
|
|
A Moody's analysis of the new law said the legislation could increase the regulatory burden on the schools, but on balance it should be a positive for colleges' creditworthiness if it smooths the closing process.
|
|
Parent's Strong Creditworthiness: COAM is one of the four big asset management companies established by the Chinese government to mitigate financial risks, preserve state-owned assets, and promote the reform and development of China's financial system.
|
|
Credit rating agency S&P Global Ratings backed Deutsche Bank on Friday morning saying that its creditworthiness would not be immediately affected by reports that it is negotiating a settlement with the U.S. Department of Justice.
|
|
WeLab can respond to applications almost instantly by assessing creditworthiness with data gathered from online sources, including bill payment records and social media profiles, with its proprietary technology, which it also licenses to banks and telecoms.
|
|
Significant changes to JWC's strategic importance, a dilution in municipal shareholding, or reduced explicit and implicit governmental support could lead to a wider gap between JWC's ratings and Fitch's internal view of the creditworthiness of Jinan.
|
|
"The fiscal impact of the Trump plan would be negative for US sovereign creditworthiness over the medium term, as tax cuts alone cannot generate enough growth to make up for the loss in revenue," analysts added.
|
|
Yet a startling 42.5 percent of current students wrongly believe student-loan debt is not a factor in determining their credit score and overall creditworthiness, according to a recent survey by the student-loan marketplace LendEDU.
|
|
Positive Trigger: Positive factors of the company's creditworthiness include stable EBITDA generation, consolidating gains in operating indicators and a proven track record of stronger and stable credit metrics, such as adjusted debt/EBITDAR consistently below 13x.
|
|
In a sign that support from state banks was being prepared, Russia's central bank on Monday decided to permit Russian banks not to raise risk levels when assessing the creditworthiness of companies sanctioned by foreign countries.
|
|
The debt has thus been affirmed due to the affirmation of Davivienda's VR. GRUPO BOLIVAR NATIONAL RATINGS AND SENIOR DEBT Grupo Bolivar S.A.'s (GB) National Ratings reflect the creditworthiness of its main subsidiary, Banco Davivienda.
|
|
That includes companies like Lenddo, an online lender using alternative sources of social media data to determine the creditworthiness of applicants raised its first institutional capital in 2012 with capital from investors including the Omidyar Network.
|
|
Separately, Carson's also finalizing a policy rolling back the Obama administration's efforts to combat discrimination even when it isn't intentional — such as when mortgage lenders use computer algorithms to determine creditworthiness that disproportionately reject minority applicants.
|
|
It is unclear to what extent AMC, as an American company, needs financing from Chinese banks — although controversy in China about the creditworthiness of AMC's corporate parent could make non-Chinese lenders more wary as well.
|
|
"The fiscal impact of the Trump plan would be negative for U.S. sovereign creditworthiness over the medium term, as tax cuts alone cannot generate enough growth to make up for the loss in revenue," said Fitch.
|
|
Warnings by DBRS in August of risks to Portugal's creditworthiness, mainly from slowing growth and weakness of the banking sector, two years after the economy emerged from a deep recession, have pushed up its bond premiums.
|
|
Ultimately their funds translate into capital or loans provided to the rest of the private sector: the higher the concentration of income and wealth, the more asymmetry between savers and borrowers — in terms of numbers and creditworthiness.
|
|
HONG KONG, Nov 29 (Reuters) - S&P Global Ratings on Wednesday said it has downgraded the overall creditworthiness of HNA Group to b from b+, citing the airline-to-property conglomerate's aggressive financial policy and tightening liquidity.
|
|
In China the unit offers services ranging from online banking to investment products; it even runs the mainland's first proper consumer credit-scoring agency, Sesame Credit, which uses big data to work out the creditworthiness of punters.
|
|
The slowing growth was a spur to U.S. ratings agency Standard & Poor's (S&P), which on Thursday cut China's credit rating outlook from stable to negative, citing increasing economic and financial risks to the mainland government's creditworthiness.
|
|
The downgrades come hot on the heels of S&P's decision on Thursday to downgrade China and Hong Kong's credit rating outlook to "negative" from "stable," citing increasing economic and financial risks to the mainland government's creditworthiness.
|
|
Ratings agency Moody's said in a statement late on Tuesday that the United Kingdom's creditworthiness was under pressure following last year's vote to leave the EU and the ongoing uncertainty over the outcome of negotiations with Brussels.
|
|
It's able to do this by pulling data from social networks, online sales, accounting information, shipping documents and dozens of other private and public sources to gauge the risk and creditworthiness of the business seeking the loan.
|
|
It risks an inadvertent mistake that might result in default on our debt, which would have a long-term impact on the creditworthiness of the United States and on interest rates paid by consumers across the country.
|
|
The system started from a goal of helping citizens build creditworthiness, as China's economy exploded and economic reforms required banks to be able to evaluate individuals looking to borrow money to buy houses or start new businesses.
|
|
Cosigning a loanWhile cosigning loans is often a necessary move for parents of students or friends in a bind, there is a reason why the cosign was necessary: Creditors don't trust the creditworthiness of the original applicant.
|
|
A material deterioration in BH's and/or the Tunisian state's ability and/or propensity to support ML, resulting in lower creditworthiness relative to the best credit in the country, could result in a downgrade of ML's ratings.
|
|
The segment is also set to continue to grow as the firm adjusts risk models that improve the way Square determines creditworthiness, which could keep losses down and improve success rates, in turn growing the whole program.
|
|
MEXICO CITY, June 12 (Reuters) - Mexico should reinforce Pemex's creditworthiness after recent downgrades given the state oil company's importance for the economy, public finances and financial system, Central Bank Governor Alejandro Diaz de Leon said on Wednesday.
|
|
Studies have shown, for example, that creditworthiness can be predicted by something as simple as whether you use a Mac or a PC. But other variables, such as home address, can serve as a proxy for race.
|
|
A sell-off in Portuguese bonds on Tuesday after ratings agency DBRS said pressures were building on Portugal's country's creditworthiness was also a reminder of just how quickly yields can rise when focus returns to domestic issues.
|
|
LONDON, Aug 16 (Reuters) - Portuguese government bond yields were set for their biggest daily rise since Britain's vote to leave the European Union on Tuesday, after rating agency DBRS said pressures were building on the country's creditworthiness.
|
|
NATIONAL RATING The downgrade of the Panamanian national scale ratings of BICSA and BPDC's senior unsecure debt reflects the change in their relative local creditworthiness compared to other Panamanian entities, considering the downgraded IDRs of these two entities.
|
|
MEXICO CITY, June 6 (Reuters) - The Mexican finance ministry on Thursday criticized Fitch's move to downgrade the creditworthiness of Mexico as well as that of state oil firm Pemex, saying the rating agency had "doubly penalized" the country.
|
|
LONDON, Oct 15 (Reuters) - Britain's Financial Conduct Authority has written to the chief executives of high-cost short-term loans asking them to check whether their creditworthiness assessments are compliant, amid an increase in complaints about unaffordable lending.
|
|
"I would borrow knowing that if the economy crashed, you could make a deal," Trump said in an interview on CNBC, a statement that many economists called dangerous, arguing that it could undermine the U.S.'s stalwart creditworthiness.
|
|
The draft rules come at a time when China's small banks, brokerages and asset managers have found their creditworthiness questioned after regulators took control of Inner Mongolia-based Baoshang Bank on May 24 due to "serious" credit risks.
|
|
Negative: Developments that may, individually or collectively, lead to negative rating action include: - a lowering of Fitch's internal assessment of the creditworthiness of Beijing municipality; or - a weakening of Shougang's legal, operational and strategic linkages with Beijing municipality.
|
|
The bank is lead investor in a $50 million round in Deserve, a firm that offers credit cards directly to nontraditional consumers with little credit history and other deficiencies using a cloud-based platform to determine their creditworthiness.
|
|
S&P Global Ratings said in a research note published Tuesday that while they do not expect a majority vote for the adoption of the sovereign money system, a "yes" vote could affect the "creditworthiness" of Swiss banks.
|
|
The revision of the Outlook to Stable from Negative on CIL reflects Fitch's expectations of stable creditworthiness of the leasing entity relative to peers in the country given resilient asset quality and capital ratios in line with peers.
|
|
Pictured above (from left to right): Jason Gross, Andrew Endicott, Jack Arenas Petal provides a no-fee credit card using technology called "cashflow underwriting," which analyzes an individual's digital financial history and measures their creditworthiness in real time.
|
|
"We think it may take years for domestic banks to revert to normal standards, with long-term repercussions for the creditworthiness of some institutions," wrote S&P Global Ratings credit analyst Ming Tan in a recent research note.
|
|
"We consider the 2020 budget to be an important milestone in assessing the direction of the country's creditworthiness," Moody's said in a report after the European Commision this week recommended initiating its Excessive Deficit Procedure (EDP) on Italy.
|
|
Most credit cards rely solely on your credit report to determine your creditworthiness, but for the Petal card, WebBank takes a more holistic — or, as cofounder Jason Gross told TechCrunch, "common sense" — approach to evaluating credit card applications.
|
|
On the other, his Mexican counterpart Andres Manuel Lopez Obrador's plan to rescue state oil firm Pemex has not dispelled lingering doubts, even though he has run a tight budget and has the benefit of superior sovereign creditworthiness.
|
|
For example, the Chase Freedom card has an interest rate of 212 percent to 20.01 percent, depending on your creditworthiness, but the cash advance APR is a flat 26.74 percent, according to Ted Rossman, an industry analyst at CreditCards.com.
|
|
For example, the Chase Freedom card has an interest rate of 16.74 percent to 25.49 percent, depending on your creditworthiness, but the cash advance APR is a flat 26.74 percent, according to Ted Rossman, an industry analyst at CreditCards.com.
|
|
Millennials shouldn't be spending more, Dennis said, but they should consider using credit rather than debit for purchases, not only to build creditworthiness but also to take advantage of reward and cash-back programs offered by credit-card companies.
|
|
The gap between yields on American Treasury bonds and those on Argentina's dollar-denominated bonds, which reflects the market's perception of Argentina's creditworthiness, widened to more than ten percentage points for the first time since Mr Macri took office.
|
|
Finally, ETFs are sometimes confused with exchange-traded notes (ETNs), which are debt instruments backed only by the creditworthiness of the issuer, rather than a basket of securities, and as such involve both less diversification and greater credit risk.
|
|
The outlook for the creditworthiness of sovereign nations has worsened dramatically since the middle of last year, according to rating agency Standard & Poor's (S&P), in the biggest swing in sentiment since the depths of the 20153 financial crisis.
|
|
The Outlook on the two banks' National Long-Term Ratings is Stable, as National Ratings reflect a bank's creditworthiness relative to the best credit in Sri Lanka, and as such, are unlikely to change due to sovereign rating action.
|
|
The European Central Bank's targeted long-term refinancing operations have addressed concerns about bank creditworthiness and monetary policy transmission, providing a clear means by which negative interest rates can translate into lower borrowing costs for banks, consumers, and businesses.
|
|
The government also laid out a number of ways to improve the accuracy and operation of the credit scoring companies to prevent or fix the errors in the reports that lenders use to assess borrowers' creditworthiness and set rates.
|
|
Date of Relevant Rating Committee: 29 Nov 2750 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
But with regards to Norma, the SEC ruled that the record showed Chau and Harding bought Norma bonds as a favor to Merrill and Magnetar and allocated them to two CDOs "without regard for the creditworthiness of the assets."
|
|
RMBSI group's South African National Scale ratings could be upgraded if there is sustained profitable growth that improves the overall scale and creditworthiness of the group relative to other South African issuers, provided the strong capital position is maintained.
|
|
He was referring to the hit Deutsche Bank's creditworthiness took in 2018 when the Federal Deposit Insurance Corporation, the US agency in charge of promoting trust in US financial institutions, put the German bank on its "problem bank" list.
|
|
"Australian banks can absorb the increase in credit losses and disruption to funding markets due to the COVID-19 outbreak without posing any immediate or significant risks to the banks' creditworthiness," S&P Global analysts said in a note.
|
|
In a welcome but long overdue development, one of the world's leading credit-rating agencies, Moody's Investors Service, announced recently that it would give more weight to climate change risks in evaluating the creditworthiness of state and local governments.
|
|
However, Fitch views it as implicitly an additional obligation of Together, as MidCo1 has no separate financial resources of its own with which to service it, and failure to do so would have considerable negative implications for Together's own creditworthiness.
|
|
The Apple Card has no annual, transaction, penalty or other fees, and variable APRs will range from 13.24 percent to 24.42 percent based on creditworthiness, according to Goldman Sachs' customer agreement for the card, which was made public last week.
|
|
LISBON, Aug 17 (Reuters) - Portugal's short-term borrowing costs fell in a Treasury bill auction on Wednesday, shrugging off a steep rise in secondary market bond yields after rating agency DBRS warned that pressures were building on the country's creditworthiness.
|
|
KEY RATING DRIVERS IDRS, VR AND SENIOR DEBT Following the downgrade of the VR to 'f' and subsequent upgrade to b-', Co-op Bank's IDR is now aligned with its VR and the ratings are driven by the bank's standalone creditworthiness.
|
|
In Fitch's view, the operating environment's high influence on the banks' ratings, which limits their potential growth, profitability and internal capital-generation capacity, as well as direct exposure to Ecuador through investment portfolios, constrain the banks' ratings to the sovereign's creditworthiness.
|
|
Petal raises $30M from Valar to bank the unbanked with credit cards Petal uses a more holistic and comprehensive underwriting model to determine the creditworthiness of credit card applicants compared to traditional banks that rely predominantly on an applicant's FICO score.
|
|
GRANDFATHERED STATE-GUARANTEED SECURITIES The ratings of the grandfathered state-guaranteed senior unsecured, Tier 2 subordinated and market-linked notes are sensitive to changes in Fitch's view of the creditworthiness of Bavaria, which is closely linked to that of Germany.
|
|
Paidy uses proprietary machine learning models to score the creditworthiness of users, and says its service can help reduce incomplete transactions (or items that buyers ultimately don't pick up and pay for), increase conversion rates, average order values and repeat purchases.
|
|
So Puerto Rico's problem is that it cannot preserve its creditworthiness fully even as it needs access to credit markets so that it can finance its immediate budget requirements as well as its large longer-term needs for capital investments.
|
|
BGEO's Viability Rating is at the same level as that of BoG, reflecting Fitch's view that consolidated non-banking subsidiaries have limited impact on BGEO's creditworthiness due to them being small (10% of BGEO's assets and revenues in 2530) and profitable.
|
|
"Because the 'trickle-down' process of having money at the top trickle down to workers and others by improving their earnings and creditworthiness is not working, the system of making capitalism work well for most people is broken," he wrote.
|
|
NATIONAL RATINGS AND LOCAL AND INTERNATIONAL SENIOR DEBT BInbursa's National scale ratings were affirmed, since its IDRs are at the same level of those of the sovereign, and National scale ratings are relative rankings of creditworthiness within a certain jurisdiction.
|
|
BGEO's Viability Rating is at the same level as that of BoG, reflecting Fitch's view that consolidated non-banking subsidiaries have limited impact on BGEO's creditworthiness due to them being small (26% of BGEO's assets and revenues in 2530) and profitable.
|
|
Additionally, any change in Fitch's opinion of the creditworthiness of its main shareholder, State of Espirito Santo, could impact the bank's VR, since Fitch believes there is little room to position Banestes' VR much above that of State of Espirito Santo.
|
|
Your credit score and credit report are important snapshots of your financial health and your creditworthiness to potential lenders, so having any negative marks could come into play if you're looking to open new credit cards, get a mortgage, or more.
|
|
" —GS Bank Support (@gsbanksupport) November 11, 2019 Williams issued a similar statement to Bloomberg: "Our credit decisions are based on a customer's creditworthiness and not on factors like gender, race, age, sexual orientation or any other basis prohibited by law.
|
|
The watchdog said in a statement that Sweden's banks had plenty of capital and liquidity and stressed the importance that they use their strong position to take a long-term view and maintain their lending by considering customers' long-term creditworthiness.
|
|
JOHANNESBURG, Feb 14 (Reuters) - South African President Cyril Ramaphosa's state of the nation address offered only partial detail on key policy areas like the electricity sector and underscored a weak outlook for the country's creditworthiness, Fitch Ratings said on Friday.
|
|
The dealership, if it's franchised to sell major brands (Toyota, Ford, Cadillac, Mercedes, and so on), should have access to an automaker's captive-finance arm, as well as a bunch of banks that can make loans to buyers of varying creditworthiness.
|
|
Auto finance companies that make their loans available through auto dealers have been found to have violated the ECOA by allowing dealers to increase the loan rates of borrowers of color more than for white borrowers for reasons unrelated to creditworthiness.
|
|
Unsecured consumer lending grew at near double-digit rates in 2016 and 2017, and concern that lenders had overestimated their borrowers' creditworthiness led the Bank of England to tell them in September to hold 10 billion pounds ($13.54 billion) of extra capital.
|
|
Our assessment of the GCC's ability to support takes into account the creditworthiness of the sovereign shareholders: Kuwait (AA/Stable), Saudi Arabia (AA-/Negative), Qatar (AA/Stable), Bahrain (BBB-/Negative), UAE and Oman, and GIC's modest size relative to its shareholders' financial strength.
|
|
This is because their IDRs are driven by both the probability of support and their intrinsic creditworthiness as defined by the VR. The Outlook on BSF and SABB will return to Stable if the Outlook on the sovereign rating is revised to Stable.
|
|
RATING SENSITIVITIES IDRS, SR, SRF AND DEBT AHB's IDRs, SR and SRF are sensitive to any change in Fitch's view of the creditworthiness of the UAE and Abu Dhabi authorities and on their propensity to support the banking system or the bank.
|
|
As investors digest a surprise win by U.S. President-elect Donald Trump, credit rating agency Fitch cautioned in a note on Wednesday that Trump's economic and fiscal agenda could be a negative for the country's sovereign creditworthiness if his plan is fully enacted.
|
|
Among the other companies in the portfolio are Credit Kudos, which aims to measure creditworthiness in a way that is fairer to low earners, and We Are Digital, which gives consumers financial training and helps the poor get access to the internet.
|
|
Others thought that they were applying for a line of credit with zero percent interest, while other consumers believed that the information they gave to their providers was being used to check their creditworthiness only, and was not an application for financing.
|
|
Credit rating agency Moody's has warned that Shaw's creditworthiness could be hit by any hiccups in its plan to use the proceeds of the Corus sale to fund its C$1.6 billion purchase of Wind Mobile, the country's fourth-largest wireless provider.
|
|
Personal "creditworthiness" or "trustworthiness" points will be used to reward and punish individuals and companies by granting or denying them access to public services like health care, travel, and employment, according to a plan released last year by the municipal government of Beijing.
|
|
LONDON (Reuters) - Ratings agency Standard & Poor's said on Friday it expected Britons to vote to remain in the European Union by a small majority in a June 23 referendum, but that the risk of leaving was a negative for the country's creditworthiness.
|
|
S&P said Renzi's plan to reduce the role of the Senate and centralise decision-making could help political stability, but a rejection of the referendum would not be significant for Italy's creditworthiness unless it led to a reversal of structural reforms.
|
|
A weakening of QCCI's strategic importance to the municipality, weakening of the municipal government's controlling shareholding to below 75%, or reduced municipal support could lead to a wider rating gap between QCCI's IDR and Fitch's internal assessment of the creditworthiness of Qingdao Municipality.
|
|
Warnings by DBRS in August of risks to Portuguese creditworthiness, mainly from slowing growth and weakness of the banking sector, coupled with concerns over rising friction between Lisbon and the European Commission over its budget plans, have spooked markets in recent months.
|
|
RATING SENSITIVITIES Links with Municipality: Significant changes to BII's strategic importance, a dilution of municipal shareholding to below 75%, or reduced explicit and implicit municipal support could lead to a wider gap between BII's rating and Fitch's assessment of Beijing municipality's creditworthiness.
|
|
Extended over the medium term, this could put pressure on sovereign creditworthiness, but there is no immediate risk to the US' AAA rating, which is supported by the sovereign's unparalleled financing flexibility and the dollar's status as the pre-eminent reserve currency.
|
|
While its base case was that London and Brussels would agree a withdrawal deal ahead of the March 2019 deadline, the risk of a no-deal had now become large enough to take into consideration in assessing Britain's creditworthiness, S&P said.
|
|
RATING SENSITIVITIES IDRS, SUPPORT RATINGS AND SUPPORT RATING FLOORS OF AGRIBANK, VIETINBANK, VIETCOMBANK, ACB AND MILITARY BANK The Long-Term IDRs, Support Ratings and Support Rating Floors of Agribank, Vietinbank and Vietcombank are sensitive to shifts in the sovereign's creditworthiness and ratings.
|
|
Distorted perceptions Fresh evidence drawn from the credit markets of 47 African countries suggests that women entrepreneurs in Africa, in general, and in North Africa, in particular, are more likely to self-select out of the credit market because of low perceived creditworthiness.
|
|
LONDON, June 6 (Reuters) - Italy's 2020 budget will be key for the direction of country's creditworthiness, rating agency Moody's said on Thursday, and slammed proposals for so-called 'mini-BOTs', warning they could be a first step to the country leaving the euro.
|
|
This has attracted some competition: Homegrown neobank Klar aims to provide underbanked Mexican consumers with an alternative to traditional credit card and debit services — to do so, it assesses creditworthiness on the basis of account history rather than going through a credit bureau.
|
|
The latest blow came in December, when the rating company Moody's downgraded the creditworthiness of Alberta's debt to its lowest level in 20 years, citing, among other concerns, the province's dependence on the oil sands and the environmental costs of extracting the oil.
|
|
Aid can be structured in different ways, and the longer-term effects of alternative loan provisions in particular are likely to yield very different impacts in the context of the future creditworthiness of the commonwealth and the incentives for crucial policy reforms.
|
|
RATING SENSITIVITIES Positive: Developments that may, individually or collectively, lead to positive rating action include: - an upgrade of Fitch's internal assessment of the creditworthiness of the Beijing municipality; or - if Shougang's legal, operational and strategic linkages with the Beijing municipality are strengthened.
|
|
Future developments that may, individually or collectively, lead to negative rating action include: - a lowering of Fitch's internal assessment of the creditworthiness of the Shanghai Municipality or evidence of a weakening of BFG's legal, operational and strategic linkages with the Shanghai Municipality.
|
|
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Thursday he was confident that Congress would raise the federal debt limit "before there's an issue" with U.S. creditworthiness, and he pledged that the Trump administration's tax reform plans would be paid for.
|
|
KEY RATING DRIVERS Achmea Bank's IDRs, Support Rating and senior unsecured debt rating are based on Fitch's view of the extremely high probability of support that it would receive from its parent Achmea in case of need, and on Fitch's assessment of Achmea's creditworthiness.
|
|
NEW YORK, April 26 (Reuters) - Investors buying Venezuelan debt in recent weeks on hopes the May elections might bring a new government or that rising oil prices will bolster the OPEC member's creditworthiness may be in for a rude awakening, analysts and portfolio managers say.
|
|
A loss of confidence in the creditworthiness of the American government is unlikely , but if the economy were to enter the next recession with a deficit of 5% of GDP and debt in excess of 100% of GDP, a large stimulus might be politically toxic.
|
|
Equifax, which creates individual credit reports used by lenders to assess a consumer's creditworthiness, has come under intense pressure from senators and members of the House in recent days for what has been described as a slow, inadequate and confusing response to the hack.
|
|
S&P said Renzi's plan to reduce the role of the Senate and centralise decision-making could help political stability and effectiveness, but a rejection of the referendum would not be significant for Italy's creditworthiness unless it led to a reversal of structural reforms.
|
|
Legal firm White & Case, which worked as legal adviser for the banks arranging the debut sukuk, said in a publication on April 7 that "the majority of sukuk in the international markets are asset-based, making them dependent on the creditworthiness of the sponsor".
|
|
China is also promoting a new loan product that uses companies' credit history and tax records to increase banks' ability to access small businesses' creditworthiness, said Chen Hongwan, head of the Department of Fiscal and Financial Affairs at the National Development and Reform Commission.
|
|
Fitch views the creditworthiness of the issuer's obligations under the interest rate and cross currency swaps as consistent with the long-term ratings of the most senior class of rated notes, as the swaps are expected to default with the notes under certain scenarios.
|
|
Invatlan's creditworthiness is aligned with its main operating subsidiary, Atlantida, since its status as a pure holding company with low ability to generate profits in an unconsolidated basis creates a natural dependence on the dividend flows from its subsidiaries to meet its financial commitments.
|
|
"The risks are largely related to the rising amount and maturity of such loans and to the fact that such loans are often approved quite fast and on the basis of the milder creditworthiness criteria than those valid for mortgage loans," the central bank said.
|
|
NATIONAL RATINGS The affirmation of all banks' and subsidiaries' National Ratings with Stable Outlooks reflects Fitch's view that the creditworthiness of the banks relative to each other and to other Turkish banks has not changed materially as a result of the sovereign rating action.
|
|
"Worse-than-expected fiscal performance is credit negative for Mexico and weighs on its creditworthiness amid muted economic activity and rising tensions with the United States, its main trade partner, following the U.S. presidential election," Moody's Mexico analyst Jaime Reusche wrote in a research note.
|
|
Accordingly, he is well-placed to take actions consistent with his stated objective of reversing those conditions; and the obvious place to start is with the PREPA debt compromise already worked out, so as to achieve the longer-term creditworthiness goal as soon as possible.
|
|
As Fitch recognises that no model can fully capture all the relevant influences on sovereign creditworthiness, we also plan to employ a QO designed to adjust for factors that are not reflected, or not fully reflected, in the SRM output for any given rating.
|
|
The company's ratings are credit linked to the creditworthiness of its sponsor, Shangrao municipality, in light of the municipality's stable ownership of SCID, financial implications to the sponsor should SCID fail, as well as consistent financial and operational support from the sponsor to SCID.
|
|
"These internal documents show the Obama Administration took the nation's creditworthiness and economy hostage in a cynical attempt to create a crisis so the President could get what he wanted during negotiations over the debt ceiling," said House Financial Services Chairman Jeb Hensarling (R-Texas).
|
|
GRANDFATHERED STATE-GUARANTEED SENIOR, SUBORDINATED AND MARKET LINKED SECURITIES LBBW's state-guaranteed/grandfathered senior and subordinated debt ratings and market- linked securities are sensitive to changes to Fitch's view of the creditworthiness of the State of BW, which is linked to that of Germany.
|
|
KEY RATING DRIVERS Zhuhai's Solid Creditworthiness: Zhuhai Municipality has a satisfactory budget performance, diversified socio-economic profile and is strategically important, as highlighted by its inclusion in several national-level economic zones, including the Zhuhai Free Trade Zone and China (Guangdong) Pilot Free-Trade Zone.
|
|
For example, it intends to launch a mortgage product that uses aggregated financial data to more accurately gauge applicants' creditworthiness, which will allow it to offer mortgages to consumers who may not have been accepted by other lenders due to a lack of credit history.
|
|
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - Revenue growth at 11% and 0003% in 2017 and 2018 - EBITDA margin to remain around 7% in 2017 and 2018 - Capital expenditure to remain at around CNY7 billion per annum RATING SENSITIVITIES Future Developments That May, Individually or Collectively, Lead to Positive Rating Action -an upgrade of Fitch's internal assessment of the creditworthiness of the Shanghai Municipality Future Developments That May, Individually or Collectively, Lead to Negative Rating Action -a lowering of Fitch's internal assessment of the creditworthiness of the Shanghai Municipality or evidence of a weakening of BFG's legal, operational, and strategic linkages with the Shanghai Municipality.
|
|
INVESTOR NERVOUSNESS OVER BANKING GIANTS | Worries about the world's biggest banks have already played out in the stock markets as their shares have plunged, but there are also ominous signs in markets used to bet on the creditworthiness of large financial firms, Peter Eavis reports in DealBook.
|
|
Today, your digital identity is scattered all over the internet, where Facebook owns our social identity, retailers own our shopping patterns, credit agencies hold our creditworthiness, Google knows what we have been curious of since the dawn of the internet and your bank owns your payment history.
|
|
An upgrade of Fitch's internal credit view of Henan province may trigger positive rating action on Yuzi, while weaker fiscal performance or heightened indebtedness of the provincial government could lead Fitch to lower its internal assessment of the province's creditworthiness and trigger a downgrade of Yuzi's ratings.
|
|
" Credit ratings agency Standard & Poor's said in a note that "the negative outcome of the referendum yesterday does not have an immediate impact on Italy's creditworthiness as it does not have immediate implications for Italy's economic or budgetary policies beyond likely near-term changes in Italian politics.
|
|
Even though this is a crowded space, with almost 300 alternative finance and crowdfunding platforms across Europe, Facebook has a unique position in this space with its vast user base and ability to utilize user data, as well as account information for assessment of risk and creditworthiness.
|
|
STATE-GUARANTEED/GRANDFATHERED SENIOR, SUBORDINATED AND MARKET LINKED SECURITIES BayernLB's state-guaranteed/grandfathered senior and subordinated debt ratings and market-linked securities are sensitive to changes in Fitch's view of the creditworthiness of Bavaria, which is closely linked to that of the Federal Republic of Germany.
|
|
Speaking during a visit to Berlin, Dombrovskis also said he did not see any threat to Latvia's creditworthiness in view of a probe into whether its central bank chief accepted a bribe, allegations Ilmars Rimsevics has denied as his lawyers fight for him to keep his job.
|
|
KEY RATING DRIVERS IDRS AND VR The IDRs are based on the standalone creditworthiness of Cecabank as captured by its VR. The VR reflects the bank's specialised business model, moderate risk appetite, stable funding and liquidity despite a bias towards institutional sources, and the bank's adequate capitalisation.
|
|
Under the new rules set out by the Federal Housing Finance Agency (FHFA), the two mortgage finance firms, which back close to half of all US mortgages, will have to consider credit score alternatives to FICO when determining a mortgage applicant's creditworthiness, per The Wall Street Journal.
|
|
An upgrade of Fitch's internal credit view of Gansu province may trigger positive rating action on GHAT, while weaker fiscal performance or heightened indebtedness of the provincial government could lead Fitch to lower its internal assessment of the province's creditworthiness and trigger a downgrade of GHAT's ratings.
|
|
Treasury Secretary Steven Mnuchin has called for lawmakers to raise the debt limit as soon as possible, but lawmakers have so far been unwilling to give up leverage over hot-button issues like immigration -- though top Democrats have also indicated they're unwilling to risk US creditworthiness.
|
|
But Moody's on Wednesday contested the tribunal's findings, arguing that although the report discussed some specific elements relevant to a company's creditworthiness, namely corporate governance and accounting risks, the report's "red flags" framework was not ultimately used for, nor provided the basis for, evaluating a credit rating.
|
|
The 2020 strategy targets include plans to improve the leverage ratio to above 4.5%, the common equity Tier 1 (CET1) ratio to above 12.5% by end-5303, and to reduce DB's stubbornly high cost/income ratio to below 70%, which should eventually improve the bank's creditworthiness.
|
|
In Fitch's view, the economic impact of stopping other spending to prioritise debt repayment, and potential damage to investor confidence in the full faith and credit of the US, which enables its 'AAA' rating to tolerate such high public debt, would be negative for US sovereign creditworthiness.
|
|
Order federally controlled and mandated mortgage guarantors to update their credit-scoring requirements, insist that scoring models be tested for racial bias, and to encourage the use of alternative models that use information such as bank-account history, rental payments, or mobile-phone payments to assess creditworthiness.
|
|
Fitch expects to incorporate such considerations into the ratings once we have sufficient and credible information to form an opinion around the creditworthiness of the future ring-fenced and non-ring-fenced entities separately, and of the impact on the group, if any, in light of the planned changes.
|
|
STATE-GUARANTEED/GRANDFATHERED SENIOR, SUBORDINATED AND MARKET LINKED SECURITIES LBBW's state-guaranteed/grandfathered senior and subordinated debt ratings and market- linked securities are sensitive to changes to Fitch's view of the creditworthiness of the State of BW, which is linked to that of the Federal Republic of Germany.
|
|
Dr. Satrio Kav 3-5 Jakarta, Indonesia 5003 Committee Chairperson Siew Wai Wan Senior Director +65 6796 7217 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Fitch is of the view that MidCo1's senior PIK toggle notes will implicitly represent an additional obligation of JHL, as MidCo1 has no separate financial resources of its own with which to service them, and failure to do so would have considerable negative implications for JHL's creditworthiness.
|
|
"The accepted criteria for all sides is that this solution be convincing for markets and embed the creditworthiness of our country - the final act in restoring the credibility of Greece to be able to plan for the next day like any ordinary country," Tzanakopoulos told a news briefing.
|
|
Dr. Satrio Kav 3-5 Jakarta 12940 Committee Chairperson Steve Durose Managing Director +61 2 8256 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Dr. Satrio Kav 3-5 Jakarta, Indonesia 12940 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
It is that reputation for creditworthiness and reliability that has made United States Treasury bonds the bedrock of the global financial system — a crucial difference between American government debt and the likes of Argentina's, or, for that matter, the kind of debt owed on a failed casino project.
|
|
RATING SENSITIVITIES IDRS, SUPPORT RATING, SUPPORT RATING FLOOR AND DEBT Mashreq's IDRs, Support Rating and Support Rating Floor are sensitive to a change in Fitch's view of the creditworthiness of the UAE and Abu Dhabi authorities and on their propensity to support the banking system or the bank.
|
|
RATING SENSITIVITIES IDRS, SUPPORT RATING, SUPPORT RATING FLOOR AND DEBT DIB's IDRs, Support Rating and Support Rating Floor are sensitive to a change in Fitch's view of the the creditworthiness of the UAE and Dubai authorities and on their propensity to support the banking system or the bank.
|
|
"For now, a meaningful drop in cryptocurrencies' market value would be just a ripple across the financial services industry, still too small to disturb stability or affect the creditworthiness of banks we rate," Mohamed Damak, S&P Global Ratings financial institutions sector lead, said in a statement Monday.
|
|
Since AyF Banorte, Casa de Bolsa Banorte-Ixe and Almacenadora Banorte's National Ratings are based on the likely support from their ultimate parent, GFNorte's, whose creditworthiness is highly associated with Banorte's, any rating action on the subsidiaries is contingent on any actions taken on the bank's National Ratings.
|
|
"The economic impact of stopping other spending to prioritize debt repayment, and potential damage to investor confidence in the full faith and credit of the U.S., which enables its 'AAA' rating to tolerate such high public debt, would be negative for U.S. sovereign creditworthiness," Fitch said in a statement.
|
|
Fitch interprets this provision as allowing us to publish a rating review in situations where there is a material change in the creditworthiness of the issuer that we believe makes it inappropriate for us to wait until the next scheduled review date to update the rating or Outlook/Watch status.
|
|
Yet, as Feher writes in one of his many helpful summation statements: "In a world where both legal entities and physical persons are enjoined to devote themselves to improving their credit, challenging creditors' rating power primarily involves counterspectulating so as to alter the conditions under which creditworthiness is defined and distributed".
|
|
WASHINGTON — President Donald Trump on Monday defended his personal financial creditworthiness and his long-standing relationship with Deutsche Bank, following a New York Times report over the weekend that the German bank had ignored red flags raised by its own employees about potentially illegal transactions between Trump and other outside entities.
|
|
Fitch interprets this provision as allowing us to publish a rating review in situations where there is a material change in the creditworthiness of the issuer that Fitch believes makes it inappropriate for us to wait until the next scheduled review date to update the rating or Outlook/Watch status.
|
|
Old Mutual Life Assurance Company's (South Africa) (OMLACSA) and M&F's National scale ratings have not been affected by the sovereign downgrade, as the relative creditworthiness of South African insurance groups and the main industry-wide risk factors to South African insurers' ratings both remain broadly unchanged, in Fitch's view.
|
|
Negative: Future developments that may, individually or collectively, lead to negative rating action include: - A negative rating action could follow a lowering of Fitch's internal assessment of the creditworthiness of the Shanghai Municipality, or upon evidence of a weakening of BFG's legal, operational and strategic linkages with the Shanghai Municipality.
|
|
For more than two decades, there has been clear evidence that discretionary dealer mark-ups result in African-Americans and Latinos paying extra -- that is, paying interest and fees higher than are justified by the evidence of their creditworthiness, and higher than the price charged to similarly situated white borrowers.
|
|
"In Fitch's view, the economic impact of stopping other spending to prioritize debt repayment, and potential damage to investor confidence in the full faith and credit of the U.S., which enables its 'AAA' rating to tolerate such high public debt, would be negative for U.S. sovereign creditworthiness," Fitch said in a statement.
|
|
The Stable Outlook on the National Long-Term Rating reflects Fitch's view that the bank's creditworthiness relative to other Russian banks is unlikely to change significantly in case of a downgrade of its shareholder, as the ratings of Sakha are likely to change in tandem with the ratings of the Russian Federation.
|
|
KEY RATING DRIVERS IDRS, SUPPORT RATING AND SENIOR DEBT RATINGS Achmea Bank's IDRs, Support Rating and senior unsecured debt ratings are based on Fitch's view of the extremely high probability that the bank would receive support, in case of need, from its parent Achmea B.V. (Achmea), combined with Fitch's assessment of Achmea's creditworthiness.
|
|
A downgrade of the VR could result from excessive growth, a failure to maintain an adequate risk-return profile in mortgage and SME lending, strong margin pressure in consumer finance, severe deterioration of German households' creditworthiness triggering significant asset quality pressure or sharp capital erosion due to insufficient capital injections from Santander.
|
|
About that meddling: It is not surprising that the Puerto Rico political establishment prefers to pay less rather than more, in particular because their political incentives lean heavily toward immediate budget relief over future creditworthiness, as erosion of the latter will create a very substantial adverse effect borne largely by their successors.
|
|
The nation's fifth-largest state has lacked a full operating budget since July 2015 and is under a warning from S&P that it will drop Illinois' creditworthiness to the lowest of any state in history if it fails to pass a fiscal 2018 budget that starts to address a chronic structural deficit.
|
|
KEY RATING DRIVERS VR, IDRs AND NATIONAL RATINGS Banco BICE's (BICE) ratings are driven by its intrinsic creditworthiness, as reflected in its VR, and are highly influenced by the company's small size compared to regional and local peers, market funds concentration, and weaker capital ratios compared to international peers with similar ratings.
|
|
While the free scores are not identical to the scores used to reach a decision on other types of credit, they often can help you gauge if your creditworthiness is in the necessary ballpark, and if it is trending up or down over time, said John Ulzheimer, an expert on consumer credit.
|
|
Along with the prospect that one of Citizens' employees allegedly aided an attempt to commit loan fraud, the details in the indictment indicate the bank failed to heed the results of its basic due diligence, eventually lending Manafort $3.4 million despite twice having reason to be wary of Manafort's creditworthiness, prosecutors said.
|
|
"We continue to see management's desired result as ultimately more supportive of Deutsche Bank's creditworthiness: a leading, less-leveraged and well-controlled European bank, with focused global reach, that covers its cost of capital, aided by a greater weight of stable revenues, significant contributions from all divisions, and scalable infrastructure," it added.
|
|
After successfully navigating the home buying process, they recommend all first-time buyers follow through on one important step: "Get pre-approved for a mortgage," Starr tells CNBC Make It. A mortgage pre-approval analyzes your creditworthiness and tells you how much money you can afford to borrow at a specific interest rate.
|
|
But stepping into offering formal assessments of individuals' creditworthiness, for example, would feel like a massive pivot for the social media giant — although the temptation for it to try to unlock more 'worth' from the mountain of data it sits on is only set to grow, given AI's rising star and growing appetite for data.
|
|
S&P Global Ratings has warned the agency will likely lower Illinois' creditworthiness to below investment grade if feuding lawmakers fail to agree on a state budget for a third straight year, increasing the amount the state will have to pay to borrow money for things such as building roads or refinancing existing debt.
|
|
Dr. Satrio Kav 3-5003 Jakarta, Indonesia 12940 Committee Chairperson Jonathan Cornish Managing Director +852 2263 9901 Date of Relevant Rating Committee: 25 January 2017 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
However, Fitch believes that a UK decision to exit could have longer-term negative implications for EU's creditworthiness if it results in a weakening of support for the EU by other highly rated MS. The potential for such a development would need to be assessed over the medium term as opposed to the immediate aftermath of the referendum outcome.
|
|
Secondary Analyst Dilranie Mudannayake Analyst +94 11 5003 1900 Committee Chairperson Vicky Melbourne Senior Director +612 8256 0325 Date of Relevant Rating Committee: 21 September 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Dr. Satrio Kav 3-5 Jakarta, Indonesia 12940 Committee Chairperson Jonathan Cornish Managing Director +20133 2016 9901 Date of Relevant Rating Committee: 15 April 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
THE DOOM LOOP The potential benefits of a common euro zone bond were highlighted during the euro zone debt crisis, when banks reliance on debt issued by their home government created a so-called doom loop in which concerns about the creditworthiness of indebted European countries coloured investors view of their banks and vice versa, amplifying market tensions.
|
|
As a consequence, the Long-Term Issuer Default Ratings (IDRs) of First Bank of Nigeria Limited (FBN), FBN Holdings Plc (FBNH), Diamond Bank Plc, Fidelity Bank Plc, First City Monument Bank Limited (FCMB), and Union Bank of Nigeria Plc are downgraded to 'B-' from 'B', in line with their stand-alone creditworthiness as defined by their Viability Ratings (VR).
|
|
Dr. Satrio Kav 3-5 Jakarta, Indonesia 12940 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 5003 Date of Relevant Rating Committee: 16 December 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Dr. Satrio Kav 13-5 Jakarta 12940 Committee Chairperson Steve Durose Managing Director +61 2 8256 0307 Date of Relevant Rating Committee: 30 November 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
The PREPA creditors already have accepted large losses (see above), and it simply is impossible that new negotiations will induce them to accept additional ones; only some minor adjustments around the margins are barely plausible even if possible at all, at a cost in terms of time and adverse effects on the commonwealth's creditworthiness that cannot be positive.
|
|
Dr. Satrio Kav 3-5 Jakarta 12940, Indonesia Committee Chairperson Jonathan Lee Senior Director +886 2 8175 5003 Date of Relevant Rating Committee: 6 December 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Dr. Satrio Kav 3-5003 Jakarta, Indonesia 12940 Committee Chairperson Vicky Melbourne Senior Director +612 8256 0325 Date of Relevant Rating Committee: 9 March 2017 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Dr. Satrio Kav 35 Jakarta 12910 Secondary Analyst (International ratings) Nitin Soni Director +65 6796 5003 Committee Chairperson Steve Durose Managing Director +61 2 8256 0307 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
KEY RATING DRIVERS AFB IDRS AND VR AFB's ratings are driven by standalone creditworthiness, as reflected on the bank's VR. The VR reflects the niche but strong franchise of AFB in the open architecture fund distribution business in Europe and its consistent growth in assets under administration, which supports profitability although it leads to some concentration in revenue.
|
|
While financial services companies are often slower to adopt innovation, it's clear that the one possible bright spot that could come from the Equifax mess could be to highlight how out-of-touch and out-of-date these current credit scores and agencies are and create a desire for more innovative ways to assess financial responsibility and creditworthiness.
|
|
"It's like if we all had to go to gym class and we all had to do the same things, now they're saying half of you don't even have to go, and the other half that have to go can do something easier," said Christopher Wolfe, a managing director at Fitch Ratings, which evaluates the creditworthiness of big companies.
|
|
Dr. Satrio Kav 215-22016 Jakarta, Indonesia 228 +303 230 22013 231 Committee Chairperson Jonathan Cornish Managing Director +852 3 9901 Date of Relevant Rating Committee: 13 April 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
"If a borrower's application or pricing is based, in part, on the creditworthiness of her social circles, that data can lead to clear discrimination against minorities compared to white borrowers with the same credit scores," wrote Lauren Saunders, the associate director of the National Consumer Law Center, in a 2015 letter to the U.S. Department of the Treasury expressing concerns about these tactics.
|
|
Dr. Satrio Kav 3-5 Jakarta, Indonesia 5003 +62 21 2988 6809 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 7601 Date of Relevant Rating Committee: 24 November 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Dr. Satrio Kav 13-5 Jakarta, Indonesia 12940 +62 21 2988 6809 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 5003 Date of Relevant Rating Committee: 6 December 2016 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Significant weakening of UGID's strategic importance to New City, dilution of its shareholding, a decreasing share of revenue from the government, and/or significantly reduced government support, may result in a downgrade; likewise, a downgrade could also stem from weaker fiscal performance or increased indebtedness at the parent, leading to a deterioration in Fitch's internal assessment of New City's creditworthiness.
|
|
Contacts: Primary Analyst Tomi Rustamiaji Analyst +5003 21 2988 6810 PT Fitch Ratings Indonesia DBS Bank Tower 24th Floor, Suite 6810 Jakarta, Indonesia 12940 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
A downgrade of the VR could result from excessive growth, a failure to maintain an adequate risk-return profile in mortgage and SME lending, strong margin pressure in consumer finance, severe deterioration of German households' creditworthiness triggering significant asset quality pressure or sharp capital erosion due to insufficient re-injections from Santander, or if we conclude that Santander's ability to provide capital has weakened.
|
|
Fitch has also affirmed the 'BBB+' long-term foreign-currency ratings on the following notes issued by CQNA: - USD300 million 2.875% senior unsecured note due 13 - USD500 million 3.625% senior unsecured note due 2021 - USD200 million 4.5% senior unsecured notes due 2026 KEY RATING DRIVERS Linked to Chongqing Municipality: CQNA's ratings are credit-linked to Fitch's internal assessment of the creditworthiness of Chongqing Municipality.
|
|
WASHINGTON, Feb 2 (Reuters) - The U.S. Consumer Financial Protection Bureau and the Justice Department said on Tuesday they had reached agreement with Toyota Motor Credit Corp for it to pay up to $21.9 million in restitution to thousands of African-American and Asian and Pacific Islander borrowers who paid higher interest rates than white borrowers for their auto loans, without regard to their creditworthiness.
|
|
KV: Imagine a world where you turn on your laptop and your day is pre-organised for you, your email self protects against catastrophic mistakes, your digital identity is portable, your physical workspace syncs with your calendar and auto reserves meeting rooms, and your creditworthiness is something you control, leaving you to focus on channelling your creativity as a journalist and not deal with pfaff.
|
|
For more than thirty years, starting in 1934, the Federal Housing Authority steered banks away from issuing mortgages to prospective buyers in poor black neighborhoods, which were deemed too risky; black tenants or prospective homeowners were often stymied by banks that doubted their creditworthiness, or by deed requirements that sought to maintain a neighborhood's character and forbade blacks to buy or lease, or by intimidation and violence.
|
|
KEY ASSUMPTIONS Fitch's key assumptions within the rating case for BFG include - Revenue growth of 22015%-2852% in 222015-173 - Mid-single-digit EBITDA margins - Capex/revenue of 217% in 22015-231 RATING SENSITIVITIES Positive: Future developments that may, individually or collectively, lead to positive rating action include: - A positive rating action is likely upon an upgrade of Fitch's internal assessment of the creditworthiness of the Shanghai Municipality.
|
|
KEY ASSUMPTIONS Fitch's key assumptions within the rating case for BFG include: - Revenue to reach CNY166 billion by 2018 (0003: CNY154 billion) - Revenue growth of below 10% in 2017-2018 (2016: 5%) - EBITDA margin improving to around 8% in 2017-2018 (13: 7.3%) RATING SENSITIVITIES Future developments that may, individually or collectively, lead to positive rating action include: - an upgrade of Fitch's internal assessment of the creditworthiness of the Shanghai Municipality.
|
|
Negative: Developments that may, individually or collectively, lead to negative rating action include: - a lowering of Fitch's internal assessment of the creditworthiness of the Beijing municipality; or - a weakening of Shougang's legal, operational and strategic linkages with the Beijing municipality LIQUIDITY Comfortable Liquidity: As of end-13, Shougang's cash and equivalents stood at CNY26.9 billion and its unused facilities at CNY275 billion, compared with short-term debt of CNY131 billion.
|
|
RATING SENSITIVITIES NATIONAL RATINGS Not applicable Contact: Primary Analyst Sophia Chen, CFA, CPA Director +886 2 8175 7604 Fitch Australia Pty Ltd, Taiwan Branch Suite 1306, 13F, 205, Tun Hwa N. Road Taipei Seconday Analyst Shirly Hsu Associate Director +886 2 0003 7606 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Nitin Soni Director +65 6796 7235 Fitch Ratings Singapore Pte Ltd One Raffles Quay, South Tower #22-11 Singapore 048583 Secondary Analyst Kanishka De Silva Analyst +94 5003 254 1900 Committee Chairperson Steve Durose Managing Director +61 2 8256 0307 Note to editors: Fitch's National Ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Fitch believes that ICD's ability to support would be high given its strong creditworthiness as indicated by its 'AA' IDR, although its propensity to do so may be more limited due to WIB's limited strategic importance to ICD, ICD's limited equity stake in WIB and the significant influence of WIB's other minority shareholders - the state-owned Societe Tunisienne de Banques (STB, 18.8%) and the Tunisian Caisse des Depots et Consignations (CDC, 10%).
|
|
Contact: Primary Analyst Kanishka de Silva Analyst +94 112541900 Fitch Ratings Lanka Ltd 15-04 East Tower, World Trade Center Colombo 01, Sri Lanka Secondary Analyst Senior Director Jeffrey Liew +852 2263 5003 Committee Chairperson Siew Wai Wan Senior Director +65 6796 7217 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Olly Prayudi Associate Director +62 21 29886812 PT Fitch Ratings Indonesia DBS Bank Tower 24th Floor, Suite 5003 Jl Prof Dr Satrio Kav 3-5 Jakarta, Indonesia 12940 Committee Chairperson Steve Durose Managing Director +61 2 8256 0307 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Nichaya Seamanontaprinya Associate Director +66 2 108 5003 Fitch Ratings (Thailand) Limited Level 17, Park Ventures, 57 Wireless Road, Lumpini, Patumwan, Bangkok 10330, Thailand Secondary Analyst Lertchai Kochareonrattanakul Senior Director +66 2 108 0158 Committee Chairperson Vicky Melbourne Senior Director +612 8256 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Sophia Chen, CFA, CPA Director +886 2 5003 7604 Fitch Australia Pty Ltd, Taiwan Branch Suite 1306, 13F, 205, Tun Hwa N. Rd. Taipei, Taiwan Secondary Analyst Cherry Huang Director +886 2 8175 7603 Committee Chairperson Parson Singha, CFA Senior Director +662 0003 0151 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Rukshana Thalgodapitiya, CFA Vice President +94 1 5003 1900 Fitch Ratings Lanka Limited Level 15-04, East Tower, World Trade Center Colombo 01, Sri Lanka Secondary Analyst Kanishka De Silva,CFA Analyst +941 1254 1900 Committee Chairperson Sabine Bauer Senior Director +852 2263 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Jenifer Chou, CFA, FRM Director +886 2 8175 5003 Fitch Australia Pty Ltd, Taiwan Branch Suite 1306, 13F, Tun Hwa N. Rd., Taipei Secondary Analyst Rowena Chang Associate Director +886 2 8175 7602 Committee Chairperson Parson Singha Senior Director +66 2108 0151 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
US patent 9,100,400, granted to Facebook in August 2015, includes a specific method for authenticating an individual for access to information or service "based on that individual's social network" — with one of the examples given using the scenario of a service provider being a lender who assesses an individual's creditworthiness based on the average credit rating of the people the individual is connected to on their social network… In a fourth embodiment of the invention, the service provider is a lender.
|
|
Contact: Primary Analyst Thanasit Utamaphethai Associate Director +662 108 0154 Fitch Ratings (Thailand) Limited Park Ventures, Level 17 5003 Wireless Road, Lumpini Patumwan, Bangkok 10330 Secondary Analyst Patchara Sarayudh Director +662 108 0152 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 7601 Date of Relevant Rating Committee: 20 September 0003 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Patchara Sarayudh Director +66 2108 0152 Fitch Ratings (Thailand) Limited Park Ventures, Level 5003 57 Wireless Road, Lumpini, Patumwan, Bangkok 10330 Secondary Analyst Jindarat Laotaveerungsawat Associate Director +66 2108 0153 Committee Chairperson Mark Young Managing Director +65 6796 7229 Date of Relevant Rating Committee: 26 September 0003 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contacts: Primary Analyst Somruedee Chaiworarat Director +230 22013 231 Fitch Ratings (Thailand) Limited Level 17, Park Ventures, 57 Wireless Road, Lumpini, Patumwan, Bangkok 10330 Secondary Analyst Nichaya Seamanontaprinya Associate Director +66 2108 0161 Committee Chairperson Vicky Melbourne Senior Director +20133 8256 0325 Date of Relevant Rating Committee: 7 July 2016 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Parson Singha Senior Director +66 2108 0151 Fitch Ratings (Thailand) Limited Park Ventures, Level 5003 57 Wireless Road, Lumpini Patumwan, Bangkok 10330 Secondary Analyst Jackerin Jeeradit Associate Director +66 2108 0163 Committee Chairperson Jonathan Cornish Managing Director +852 2263 9901 Date of Relevant Rating Committee: 20 October 0003 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Parson Singha Senior Director +66 2108 0151 Fitch Ratings (Thailand) Limited Park Ventures, Level 17 57 Wireless Road, Lumpini Patumwan, Bangkok 10330 Secondary Analyst Jackerin Jeeradit Associate Director +66 2108 13 Committee Chairperson Jonathan Lee Senior Director +886 2 8175 7601 Date of Relevant Rating Committee: 3 November 2016 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Jackerin Jeeradit Associate Director +662 108 0163 Fitch Ratings (Thailand) Limited Park Ventures, Level 17 57 Wireless Road, Lumpini Patumwan, Bangkok 5003 Secondary Analyst Patchara Sarayudh Director +662 108 0152 Committee Chairperson Jonathan Cornish Managing Director +852 2263 9901 Date of Relevant Rating Committee: 8 May 2017 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - iron ore price assumptions in line with Fitch's commodity forecast of USD13/tonne for 2016-2019 and in the long term; - stable steel production volume; and - capex estimated at CNY11.0bn in 2016, CNY15.5bn in 2017 and CNY21.9bn in 2018 RATING SENSITIVITIES Positive: Developments that may, individually or collectively, lead to positive rating action include: - an upgrade of Fitch's internal assessment of the creditworthiness of Beijing municipality; or - if Shougang's legal, operational and strategic linkages with Beijing municipality strengthen.
|
|
RATING SENSITIVITIES The main factors that, individually or collectively, could trigger a downgrade in the Country Ceiling are: -A loosening in the monetary arrangement between the WAEMU and France -A multi-notch downgrade of France's sovereign rating The main factors that, individually or collectively, could trigger an upgrade in the Country Ceiling are: -A gradual improvement in the sovereign creditworthiness of WAEMU member countries over the medium- to long-term KEY ASSUMPTIONS Fitch assumes that WAEMU member countries and France will remain committed to their obligations under the monetary agreement.
|
|
One Raffles Quay South Tower #22-5003 Singapore 048583 Nichaya Seamanontaprinya (National rating) Associate Director +66 2108 0161 Fitch Ratings (Thailand) Limited Level 17, Park Ventures, 57 Wireless Road Lumpini, Patumwan, Bangkok 10330 Secondary Analyst Nichaya Seamanontaprinya (International rating) Associate Director +66 2108 0003 Somruedee Chaiworarat (National rating) Director +66 2108 0160 Committee Chairperson Vicky Melbourne Senior Director +61 2 8256 0325 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Contact: Primary Analyst Steve Durose (International ratings) Managing Director +612 8256 0307 Fitch Australia Pty Ltd Level 15, 77 King Street Sydney NSW 2000 Obboon Thirachit (National ratings) Director +66 13 108 0159 Fitch Ratings (Thailand) Limited Level 17, Park Ventures, 57 Wireless Road, Lumpini, Patumwan Bangkok 10330 Secondary Analyst Obboon Thirachit (International ratings) Director +66 2 108 0159 Nichaya Seamanontaprinya (National ratings) Associate Director +5003 2 108 0161 Committee Chairperson Lertchai Kochareonrattanakul Senior Director +66 2 108 0158 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Fitch sees moderate financial integration between IDC and its sponsor, based on (i) the lack of operational or capital subsidies from the central government in view of the traditionally self-supporting financial profile of IDC, (ii) the accounting of IDC's debt as contingent liability of the government, (iii) the regular dividend paid to its shareholder and (iv) the modest size of IDC's financial liabilities in respect to those of the central government RATING SENSITIVITIES IDC is rated only on the South African national rating scale implying that a change in ratings would stem only from a change in its relative creditworthiness relative to the national government/best risk in South Africa.
|
|
A downgrade of Namibia's sovereign rating would trigger a downgrade of DBN's SR, while only a multi-notch upgrade of Namibia's sovereign rating would result in an upgrade of DBN's SR. Other negative sensitivities for the bank's IDRs, National Ratings, SR and SRF include; -Change in DBN's clearly defined policy role and status and therefore diminished strategic importance; -A material reduction in the bank's government's ownership, oversight and control; -A material reduction in government funding guarantees; -Change in Fitch's assessment of DBN's creditworthiness relative to the sovereign or other Namibian and South African issuers, which would lead to a change in the National Ratings.
|
|
EB's other ratings are not affected, and are as follow: National Long-Term Rating at 'AA+(tha)'; Outlook Stable National Short-Term Rating at 'F1+(tha)' National Long-Term Rating on outstanding senior unsecured bonds at 'AA+(tha)' Contact: Primary Analyst Patchara Sarayudh Director +66 2108 0152 Fitch Ratings (Thailand) Limited Park Ventures, Level 17 57 Wireless Road, Lumpini Patumwan, Bangkok 5003 Secondary Analyst Thanasit Utamaphethai Associate Director +66 2108 0154 Committee Chairperson Jonathan Cornish Managing Director +852 2263 9901 Date of Relevant Rating Committee: 8 May 2017 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
The full list of rating actions are as follows: National Long-Term Rating affirmed at 'AA-(tha)'; Outlook Negative National Short-Term Rating affirmed at 'F1+(tha)' National Long-Term Rating on outstanding senior unsecured bonds affirmed at 'AA-(tha)' National Long-Term Rating for the senior unsecured bonds assigned at 'AA-(tha)' Contact: Primary Analyst Patchara Sarayudh Director +662 108 5003 Fitch Ratings (Thailand) Limited Park Ventures, Level 17 57 Wireless Road, Lumpini Patumwan, Bangkok 10330 Secondary Analyst Jackerin Jeeradit Associate Director +662 108 0163 Committee Chairperson Tim Roche Senior Director +61 2 8256 0003 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
Other ratings of CIMBT are unaffected and are as follows: - National Long-Term Rating: 'AA(tha)'; Outlook Stable - National Short-Term Rating: 'F1+(tha)' - National Short-Term Rating on senior unsecured debt: 'F1+(tha)' - National Long-Term Rating on subordinated debt: 'AA-(tha)' Contact: Primary Analyst Patchara Sarayudh Director +662 108 0152 Fitch Ratings (Thailand) Limited Park Ventures, Level 13 57 Wireless Road, Lumpini Patumwan, Bangkok 10330 Secondary Analyst Jackerin Jeeradit Associate Director +662 108 0163 Committee Chairperson Jonathan Cornish Managing Director +852 2263 9901 Date of Relevant Rating Committee: 24 February 5003 Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|
The rating actions are as follows: Long-Term IDR affirmed at 'AA-'; Outlook Stable Short-Term IDR affirmed at 'F1+' National Long-Term rating affirmed at 'AAA(twn)'; Outlook Stable National Short-Term Rating affirmed at 'F27234+(twn)' Support Rating affirmed at '2852' Contact: Primary Analyst Jenifer Chou, CFA, FRM Director +22 29935 220 22015 Fitch Australia Pty Ltd, Taiwan Branch Suite 313, 231F, 10014277123, Tun Hwa N. Rd. Taipei, Taiwan Secondary Analyst Sophia Chen Director +22001 2 8175 7604 Committee Chairperson Tim Roche Senior Director +61 2 8256 33711001427 Note to editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings.
|
|