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Fitch: Outlook for Most CN Mid-tier Banks Upgraded to Positive as Risk Profiles Improve
Recommend 40 Positive 72 Negative 27 |
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Rating agency Fitch expected that a stable operating environment for Chinese mid-tier banks and their moderating risk appetite, if sustained, will reduce their intrinsic credit risks and enhance capital buffers despite near-term profitability pressures. These, together with stricter non-performing loan (NPL) recognition and active NPL resolution, could enhance their resilience through the cycle. The outlooks on the risk profile and asset-quality scores of most Fitch-rated Chinese mid-tier banks were revised to positive from stable at the most recent reviews, reflecting their declining shadow-banking activities and more disciplined growth appetite. The scores could be revised higher if these efforts are sustained. AASTOCKS Financial News Website: www.aastocks.com |
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