Fitch

Ratings agency Fitch downgrades Maldives, warns of default

International credit rating agency Fitch downgraded the Maldives Wednesday and warned that South Asia's tourist paradise could be headed for a sovereign default on its foreign loans

Islamic banks face liquidity challenges: Fitch

Islamic banks’ liquidity coverage ratio (LCR) tumbled to 58.7 percent at the end of last year compared to 87.7 percent in 2022 and 188.5 percent in 2021.

Fitch lowers Bangladesh rating as external buffers weaken

“BB” ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business or economic conditions over time. It, however, means business or financial flexibility exists that supports the servicing of financial commitments.

External challenges linger for Bangladesh after Awami League re-election: Fitch

Bangladesh's external challenges remain pressing, the American credit rating agency said.

Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'

Rating agency Fitch on Tuesday downgraded the US government's top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago.

June 27, 2024
June 27, 2024

Ratings agency Fitch downgrades Maldives, warns of default

International credit rating agency Fitch downgraded the Maldives Wednesday and warned that South Asia's tourist paradise could be headed for a sovereign default on its foreign loans

June 4, 2024
June 4, 2024

Islamic banks face liquidity challenges: Fitch

Islamic banks’ liquidity coverage ratio (LCR) tumbled to 58.7 percent at the end of last year compared to 87.7 percent in 2022 and 188.5 percent in 2021.

May 28, 2024
May 28, 2024

Fitch lowers Bangladesh rating as external buffers weaken

“BB” ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business or economic conditions over time. It, however, means business or financial flexibility exists that supports the servicing of financial commitments.

January 11, 2024
January 11, 2024

External challenges linger for Bangladesh after Awami League re-election: Fitch

Bangladesh's external challenges remain pressing, the American credit rating agency said.

August 2, 2023
August 2, 2023

Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'

Rating agency Fitch on Tuesday downgraded the US government's top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago.

push notification