21-Feb-2025 19:01 HKT

Annual Review For Agricultural Bank of China Ltd.

S&P Global Ratings has performed annual reviews of the credit ratings of this issuer. When applicable, this review would include the review of the issuer’s subsidiaries or associated entities. In an annual review, S&P Global Ratings reviews current c...

13-Jan-2022 18:18 HKT

Ratings on Four State-Owned Chinese Banks And Subsidiaries Affirmed Under Revised Criteria; Outlooks Unchanged

We have reviewed our ratings on four state-owned Chinese banks under our revised Financial Institutions Rating Methodology. We have affirmed the ratings on these banks, and the outlooks are unchanged. HONG KONG (S&P Global Ratings) Jan. 13, 2022--S&P...

25-Mar-2019 23:35 HKT

Ratings Affirmed On Five Of China's Megabanks Amid Higher Government Support, Superior Business Resilience

We believe China's four largest banks--ICBC, CCB, ABC, and BOC--will continue to show superior business resilience, as demonstrated in the face of recent regulatory tightening. We also see higher extraordinary government support as the "Big Four" and...

06-Dec-2018 00:24 HKT

Credit Conditions: Global Conditions Are Tightening As Trade And Economic Worries Mount

Credit conditions are becoming more challenging for borrowers around the world, as trade tensions, increases in borrowing costs in some regions, and a historic stretch of economic expansion—particularly in the U.S.—shows signs of slowing. S&P Global ...

28-Mar-2018 11:15 HKT

Credit Conditions: Asia-Pacific March 2018 Sector Roundup

Continuing regional economic growth and higher commodity prices have eased negative rating pressure on the pool of Asia-Pacific issuers over the past few months. The net rating outlook bias eased to -5% in February 2018 from -7% in October 2017. That...

28-Mar-2018 11:05 HKT

Credit Conditions: Asia-Pacific March 2018--Risk Of China-U.S. Trade War Escalates

An escalating U.S.-China trade dispute could upset otherwise stable credit conditions in the Asia-Pacific. The region's vulnerability to asset-price volatility and capital outflows remains high, but is unlikely to worsen in the second quarter of 2018...

30-Nov-2017 12:45 HKT

Credit Conditions: Asia-Pacific Credit Conditions November 2017: Better Prospects, Fatter Tail Risks

Credit conditions in Asia-Pacific are better going into 2018 than they were in 2017. That's because market concerns in late 2016 largely failed to manifest in 2017. Indeed, a year ago markets feared a higher U.S. federal deficit, accelerated inflatio...

31-Oct-2017 22:21 HKT

Agricultural Bank of China Ratings Affirmed At 'A/A-1' On Stable Credit Losses; Off CreditWatch; Outlook Stable

We expect ABC will maintain its asset risks and credit losses in line with the domestic banking industry average amid heightened economic risk in China. We continue to believe ABC has a very high likelihood of receiving extraordinary support from the...

27-Sep-2017 07:49 HKT

Credit Conditions: Asia-Pacific Credit Conditions September 2017: Trends Are Improving Slightly But Risks Are Escalating

Credit conditions in Asia-Pacific are poised to further improve in the fourth quarter ending Dec. 31, 2017. Steady macroeconomic conditions and abundant liquidity, despite some tightening in China, are lifting credit trends. That said, tail risks--hi...

22-Sep-2017 19:19 HKT

Various Rating Actions On China's FIs Following Lower Banking Industry Country Risk Assessment And Sovereign Downgrade

HONG KONG (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings said today that it had taken various rating actions on banks and nonbank financial institutions operating in China, given the lowering of its Banking Industry Country Risk Assessment (...