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CONTENTS

 * 00Back to Top
 * 01Insights
 * 02Videos
 * 03Podcasts
 * 04Events


RESOURCES

 * Latest Rating Actions
 * Latest Research
 * Criteria
 * Rating Performance
 * Education Hub


TRENDING TOPICS

 * Geopolitics and Elections
 * Private Credit
 * China
 * Inflation and Rates
 * Commercial Real Estate


FITCH WIRE

 * New Catalonia Funding System Would Be Credit Positive
 * El Salvador Funding Sources Limited but IMF Program More Likely
 * European Banks’ CRE Valuations Likely to be Revised Down After ECB Findings
 * No Near-Term Impact on UK ROSCOs from Operator Renationalisation Plans
 * Latin America Sovereign Actions Mixed Amid Growth, Fiscal Challenges

More


Latest Commentary


US ELECTION OUTCOME COULD INCREASE CREDIT RISKS FOR CHINA CORPORATES

Learn MoreMore on Elections
Fri 23 Aug, 2024


FITCH AFFIRMS UZBEKISTAN AT 'BB-'; OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH UPGRADES PURCELLVILLE, VA'S GO RATING AND IDR TO 'AAA' FROM 'AA+'; OUTLOOK
STABLE; REMOVED UCO

Fri 23 Aug, 2024


FITCH RATES STATE OF CA VETERANS GO BONDS SERIES CV 'AA' AND 2024 SERIES A
'AA-'; OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH RATES CLARK COUNTY PUBLIC UTILITY DISTRICT NO. 1, WA 'AA'; OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH RATES METROPOLITAN WATER DIST. OF SOUTHERN CA WATER REV BONDS 'AA+';
OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH AFFIRMS STEPHEN F. AUSTIN STATE UNIV., TX'S RFS BONDS AT 'A+'; OUTLOOK
STABLE

Fri 23 Aug, 2024


FITCH RATES BARINGS CLO LTD. 2018-II RESET TRANSACTION

Fri 23 Aug, 2024


FITCH RATES WIND RIVER 2021-1 CLO LTD. RESET TRANSACTION; PUBLISHES NEW ISSUE
REPORT

Fri 23 Aug, 2024


FITCH DOWNGRADES GUILFORD COUNTY, NC'S IDR TO 'AA+' ON CRITERIA CHANGE; OUTLOOK
STABLE; REMOVED UCO

Fri 23 Aug, 2024


FITCH DOWNGRADES BEACHWOOD, OH'S IDR TO 'AA+' DUE TO CRITERIA CHANGE; OUTLOOK
STABLE

Fri 23 Aug, 2024


FITCH AFFIRMS LOCKHART ISD (TX) ULT BONDS AT 'AA'; OUTLOOK STABLE; CRITERIA
OBSERVATION REMOVED

Fri 23 Aug, 2024


FITCH AFFIRMS TAMPA SPORTS AUTHORITY (FL) SERIES 2015 REVS AT 'AA+'; OUTLOOK
STABLE

Fri 23 Aug, 2024


FITCH AFFIRMS UZBEKISTAN AT 'BB-'; OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH UPGRADES PURCELLVILLE, VA'S GO RATING AND IDR TO 'AAA' FROM 'AA+'; OUTLOOK
STABLE; REMOVED UCO

Fri 23 Aug, 2024


FITCH RATES STATE OF CA VETERANS GO BONDS SERIES CV 'AA' AND 2024 SERIES A
'AA-'; OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH RATES CLARK COUNTY PUBLIC UTILITY DISTRICT NO. 1, WA 'AA'; OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH RATES METROPOLITAN WATER DIST. OF SOUTHERN CA WATER REV BONDS 'AA+';
OUTLOOK STABLE

Fri 23 Aug, 2024


FITCH AFFIRMS STEPHEN F. AUSTIN STATE UNIV., TX'S RFS BONDS AT 'A+'; OUTLOOK
STABLE

Fri 23 Aug, 2024


FITCH RATES BARINGS CLO LTD. 2018-II RESET TRANSACTION

Fri 23 Aug, 2024


FITCH RATES WIND RIVER 2021-1 CLO LTD. RESET TRANSACTION; PUBLISHES NEW ISSUE
REPORT

Fri 23 Aug, 2024


FITCH DOWNGRADES GUILFORD COUNTY, NC'S IDR TO 'AA+' ON CRITERIA CHANGE; OUTLOOK
STABLE; REMOVED UCO

Fri 23 Aug, 2024


FITCH DOWNGRADES BEACHWOOD, OH'S IDR TO 'AA+' DUE TO CRITERIA CHANGE; OUTLOOK
STABLE

Fri 23 Aug, 2024


FITCH AFFIRMS LOCKHART ISD (TX) ULT BONDS AT 'AA'; OUTLOOK STABLE; CRITERIA
OBSERVATION REMOVED

Fri 23 Aug, 2024


FITCH AFFIRMS TAMPA SPORTS AUTHORITY (FL) SERIES 2015 REVS AT 'AA+'; OUTLOOK
STABLE


01INSIGHTS

Highlight


LATIN AMERICA SOVEREIGN ACTIONS MIXED AMID GROWTH, FISCAL CHALLENGES

Special Report / Fri 23 Aug, 2024


AUTO LOAN DRIVER’S SEAT REPORT – 1H2024 – US AND CANADA AUTO ABS RELATED RATINGS

Special Report / Fri 23 Aug, 2024


IN THE AUTO ABS DRIVER’S SEAT: 1H24

Special Report / Fri 23 Aug, 2024


GLOBAL AGRICULTURE COMMODITY PROCESSING AND TRADING — RELATIVE CREDIT ANALYSIS

Special Report / Fri 23 Aug, 2024


FITCH AUTO ABS DASHBOARD - JUNE 2024

Non-Rating Action Commentary / Fri 23 Aug, 2024


TD BANK’S AML PROVISION FALLS WITHIN RATINGS AND NEGATIVE OUTLOOK EXPECTATIONS

Special Report / Fri 23 Aug, 2024


20/20 VISION - AUGUST 2024

Non-Rating Action Commentary / Fri 23 Aug, 2024


UNEMPLOYMENT RATES IN SEVERAL LARGE ADVANCED ECONOMIES ARE CREEPING UP

Special Report / Fri 23 Aug, 2024


U.S. HEALTH INSURANCE DASHBOARD: 1H24 REVIEW

Fitch Wire / Fri 23 Aug, 2024


NEW CATALONIA FUNDING SYSTEM WOULD BE CREDIT POSITIVE

Fitch Wire / Fri 23 Aug, 2024


EL SALVADOR FUNDING SOURCES LIMITED BUT IMF PROGRAM MORE LIKELY

Fitch Wire / Fri 23 Aug, 2024


EUROPEAN BANKS’ CRE VALUATIONS LIKELY TO BE REVISED DOWN AFTER ECB FINDINGS

Special Report / Thu 22 Aug, 2024


UKRAINIAN MUNICIPALITIES - PEER REVIEW 2024



More Insights
Our approach


RATING CRITERIA

Learn More



Rating Criteria explains our forward-looking ratings approach. Criteria reports
identify rating drivers and assumptions, and highlight the scope and limitations
of our analysis. Master Criteria describe the basic foundation for our ratings
within a sector. Cross-Sector Criteria explain Fitch’s approach to topics that
relate to multiple areas or audiences. Sector-Specific Criteria describe Fitch’s
analytical approach for individual sectors, and address specific credit factors.



Our Approach


RATINGS PROCESS

Learn More



Fitch Ratings provides forward-looking credit opinions, as indicated by its
ratings, that reflect its expectations of credit behavior over a range of
scenarios. The rating process begins when an arranger, issuer, sponsor, or
underwriter contacts a member of Fitch’s Business Relationship Management (BRM)
group with a request to engage Fitch. Fitch may also initiate unsolicited rating
coverage where sufficient public information is available to provide insight to
subscribers and the public debt market.



Outlook 2024


GLOBAL ECONOMIC OUTLOOK



Fitch Ratings has raised its forecasts for world growth in 2024 in its latest
Global Economic Outlook as confidence in European recovery prospects improve,
China’s export sector revives and domestic demand in emerging markets excluding
China (EM excl. China) shows stronger momentum.



Learn More
VIDEO


MAJOR JAPANESE SECURITIES FIRMS' EARNINGS RISE, BUT DEPEND ON MARKET



The profitability of Japan’s five major securities firms is expected to remain
dependent on equity and fixed-income market movements.



Learn More
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Our people are credit experts, experienced professionals, and global citizens
who collaborate in offices in over 30 countries, to help our clients and
communities.



Careers


02VIDEOS

INDIAN BANKS HAVE SUFFICIENT BUFFERS FOR IFRS 9 TRANSITION

INDIAN BANKS HAVE SUFFICIENT BUFFERS FOR IFRS 9 TRANSITION

TAIWAN’S VIRTUAL BANKS TO EXPAND REVENUE STREAM THROUGH DIVERSIFICATION

APAC CORPORATE LEVERAGE FORECAST TO STAY HIGHEST ACROSS REGIONS

APAC EMERGING MARKET NBFIS FACE MODEST REFINANCING RISKS

FRENCH ELECTION PROLONGS POLITICAL UNCERTAINTY; DEBT TO CONTINUE RISING

ISLAMIC FINANCE TRENDS - GCC DEBT CAPITAL MARKET TRENDS 2024

MAJOR ISSUERS RESILIENT AGAINST CYBERATTACKS AMID EVOLVING AI-DRIVEN THREATS

MAJOR JAPANESE SECURITIES FIRMS' EARNINGS RISE, BUT DEPEND ON MARKET CHANGES

2024 GLOBAL HOUSING AND MORTGAGE OUTLOOK MID-YEAR UPDATE

TAIWAN BANKS’ PROFITABILITY TO REMAIN STABLE, DESPITE RRR HIKE

CHINESE CAR MAKERS TO BOOST OVERSEAS INVESTMENTS AS TRADE BARRIERS RISE

VAST DEBT FROM ‘A’ CATEGORY GLOBAL CORPORATES AT RISK OF DOWNGRADE

LARGE DEFICITS TO KEEP U.S. DEBT BURDEN RISING AFTER NOVEMBER’S ELECTIONS

EASING ASSET QUALITY, LIQUIDITY PRESSURES TO SUSTAIN VIETNAM BANKS'
PROFITABILITY

ISLAMIC FINANCE TRENDS - ESG SUKUK MARKET OUTLOOK 1Q2024

SOLID DEMAND, HOME PRICE GROWTH WILL CONTINUE TO BOOST US HOUSING ECONOMY

INDIA’S ELECTIONS BRING BROAD POLICY CONTINUITY BUT GREATER REFORM CHALLENGES

JAPANESE LIFE INSURERS' CAPITALISATION AND EARNINGS TO REMAIN ROBUST IN FYE25

FITCH RATINGS – THE RATING AGENCY OF CHOICE

CHINA FISCAL OUTLOOK



More Videos


INSIDE CREDIT



Inside Credit features the latest credit market research, with our weekly recap
of noteworthy content across all sectors and regions.



Newsletter Sign Up


03PODCASTS

More Podcasts
Fitch Learning


FINANCIAL TRAINING COURSES



Courses cover corporate credit, bank and insurance company analysis, corporate
finance, risk, and more.



View upcoming courses


04EVENTS


EVENTS

Event Type
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 * Hosted
 * Third Party
 * Webinars

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 * Sector
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SEPTEMBER
SEP, 02

09:00 - 16:00 London




IFN UK FORUM 2024

Third Party

SEP, 03

08:00 - 11:00 New York




FITCH ON CHILE 2024

Hosted

SEP, 03

09:30 - 14:00 Kolkata




FITCH ON INDIA 2024

Hosted

SEP, 04 -
SEP, 05

08:00 - 13:00 Hong Kong




FITCH IS A SPONSOR: INVISSO'S ABS ASIA 2024

Third Party

SEP, 05

14:30 - 15:30 London




GLOBAL REINSURANCE OUTLOOK 2025: FROM PEAKS TO (HIGH) PLATEAUS

Webinars

SEP, 07 -
SEP, 11

14:30 - 12:00 Monaco




RENDEZ-VOUS DE SEPTEMBRE 2024

Third Party

SEP, 08

08:45 - 10:00 Monaco




MONTE CARLO: GLOBAL REINSURANCE OUTLOOK 2025: FROM PEAKS TO (HIGH) PLATEAUS

Hosted

SEP, 08 -
SEP, 11

21:00 - 17:00 New York




APPA BUSINESS & FINANCIAL CONFERENCE

Third Party

SEP, 12

08:30 - 13:00 New York




FITCH ON BRAZIL 2024

Hosted

SEP, 12

09:00 - 18:00 Porto




INVISSO/ECBC COVERED BOND CONGRESS 2024

Third Party

SEP, 15 -
SEP, 18

21:00 - 17:00 New York




NEW ENGLAND STATES GFOA ANNUAL CONFERENCE

Third Party

SEP, 18

07:45 - 17:00 London




THE ANNUAL UK MORTGAGE FINANCE CONFERENCE

Third Party

SEP, 18

09:00 - 11:30 Madrid




FITCH ON SPANISH BANKS 2024

Hosted

SEP, 19 -
SEP, 20

09:00 - 17:00 London




CRANE'S EUROPEAN MONEY FUND SYMPOSIUM 2024

Third Party

SEP, 22 -
SEP, 25

07:00 - 22:00 Denver




NAMIC ANNUAL CONVENTION 2024

Third Party

SEP, 22 -
SEP, 25

09:00 - 17:00 Chicago




NAST ANNUAL CONFERENCE

Third Party

SEP, 23

09:30 - 13:15 Ulaanbaatar




FITCH ON MONGOLIA 2024

Hosted

SEP, 23 -
SEP, 25

13:00 - 15:00 London




EUROPEAN TREASURY WORKSHOP WEBINAR SERIES

Webinars

SEP, 24 -
SEP, 25

08:30 - 17:40 Dubai




ACT MIDDLE EAST TREASURY SUMMIT

Third Party

SEP, 24

09:00 - 17:45 London




GLOBAL SECONDARIES SUMMIT

Third Party

SEP, 25 -
SEP, 27

09:00 - 17:00 Los Angeles




NORTHERN CALIFORNIA POWER AGENCY ANNUAL CONFERENCE

Third Party

OCTOBER
OCT, 01

08:30 - 18:00 London




PRIVATE PLACEMENTS GLOBAL FORUM

Third Party

OCT, 01

13:00 - 17:30 Singapore




FITCH GROUP ALL ANGLES FORUM 2024

Hosted

OCT, 09 -
OCT, 11

16:00 - 19:00 Vienna




38TH ALPBACH FINANCE SYMPOSIUM

Third Party

OCT, 21 -
OCT, 23

12:00 - 15:00 New York




ABS EAST 2024

Third Party

NOVEMBER
NOV, 14

09:00 - 17:00 Singapore




6TH ANNUAL APAC FUND FINANCE SYMPOSIUM

Third Party

NOV, 14

14:00 - 15:00 London




UK PUBLIC FINANCE IN 2024: A YEAR FULL OF CHANGES, WHAT’S NEXT?

Webinars

NOV, 20

08:00 - 17:00 London




SOCIAL HOUSING ANNUAL CONFERENCE 2024

Third Party

NOV, 27 -
NOV, 28

10:00 - 16:30 Berlin




20. STRUCTURED FINANCE

Third Party



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