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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
 * Outlook 2025
 * Private Credit
 * China
 * Inflation and Rates
 * Commercial Real Estate


FITCH WIRE

 * European Hotels’ Revenue Growth to Decelerate in 2025
 * Expiration of Home Healthcare Program Threatens US NFP Hospital Recovery
 * Capital Hit Unlikely for US Insurers After Review Questions Solvency Levels
 * Panama’s 2025 Budget Revisions Underscore Fiscal Consolidation Difficulties
 * Mozambique’s Political Unrest Raises Additional Credit Risks

More


Latest Commentary


U.S. CREDIT ENVIRONMENT MAY SHIFT WITH BROAD POLICY CHANGES

Learn MoreMore on Elections
Fri 22 Nov, 2024


FITCH AFFIRMS YORKSHIRE BUILDING SOCIETY'S MORTGAGE COVERED BONDS AT 'AAA';
OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS MWIK'S REVENUE BONDS AT 'BBB+'

Fri 22 Nov, 2024


FITCH UPGRADES ROMANIAN GARANTI TO 'BB'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS GUANGZHOU CITY CONSTRUCTION AT 'A'; OUTLOOK NEGATIVE

Fri 22 Nov, 2024


FITCH AFFIRMS OCBC INDONESIA AT 'BBB'/'AAA(IDN)'; OUTLOOK STABLE; UPGRADES VR TO
'BBB-'

Fri 22 Nov, 2024


FITCH AFFIRMS HUBEI SCIENCE TECHNOLOGY INVESTMENT AT 'BBB'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS GC REPACKAGING 2018-5 AT 'AAASF'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS BANK UOB INDONESIA AT 'AAA(IDN)'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS ZKING PROPERTY & CASUALTY INSURANCE IFS OF 'A-'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS BANK MASPION INDONESIA AT 'AA(IDN)'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS FIDELIDADE MACAU'S IFS RATING AT 'A'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS BANK MAYBANK INDONESIA AT 'AAA(IDN)'; WITHDRAWS RATINGS

Fri 22 Nov, 2024


FITCH AFFIRMS YORKSHIRE BUILDING SOCIETY'S MORTGAGE COVERED BONDS AT 'AAA';
OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS MWIK'S REVENUE BONDS AT 'BBB+'

Fri 22 Nov, 2024


FITCH UPGRADES ROMANIAN GARANTI TO 'BB'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS GUANGZHOU CITY CONSTRUCTION AT 'A'; OUTLOOK NEGATIVE

Fri 22 Nov, 2024


FITCH AFFIRMS OCBC INDONESIA AT 'BBB'/'AAA(IDN)'; OUTLOOK STABLE; UPGRADES VR TO
'BBB-'

Fri 22 Nov, 2024


FITCH AFFIRMS HUBEI SCIENCE TECHNOLOGY INVESTMENT AT 'BBB'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS GC REPACKAGING 2018-5 AT 'AAASF'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS BANK UOB INDONESIA AT 'AAA(IDN)'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS ZKING PROPERTY & CASUALTY INSURANCE IFS OF 'A-'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS BANK MASPION INDONESIA AT 'AA(IDN)'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS FIDELIDADE MACAU'S IFS RATING AT 'A'; OUTLOOK STABLE

Fri 22 Nov, 2024


FITCH AFFIRMS BANK MAYBANK INDONESIA AT 'AAA(IDN)'; WITHDRAWS RATINGS


01INSIGHTS

Highlight


LOWER RATES CHECK GLOBAL CRE REFINANCING RISK, FACILITATE RESTRUCTURINGS

Non-Rating Action Commentary / Fri 22 Nov, 2024


CHINESE HOMEBUILDERS’ CHALLENGES TO CONTINUE IN 2025

Outlook Report / Fri 22 Nov, 2024


CHINA HOMEBUILDERS OUTLOOK 2025

Special Report / Fri 22 Nov, 2024


EUROPEAN LEVERAGED FINANCE CHART BOOK: 3Q24 (EXCEL)

Non-Rating Action Commentary / Fri 22 Nov, 2024


FALLING BASE RATES AND SLOW LBO-RESTART SUPPORT EUROPEAN LEVERAGED FINANCE

Special Report / Fri 22 Nov, 2024


EUROPEAN LEVERAGED FINANCE CHART BOOK – 3Q24

Non-Rating Action Commentary / Thu 21 Nov, 2024


UPL'S EQUITY RAISE AIDS DELEVERAGING BUT EBITDA RECOVERY PACE UNCERTAIN

Non-Rating Action Commentary / Thu 21 Nov, 2024


CANADIAN PROVINCIAL CREDIT QUALITY STABLE IN 2024.

Non-Rating Action Commentary / Thu 21 Nov, 2024


3Q24 PRIME CREDIT CARD INDICES REMAIN STABLE QUARTER OVER QUARTER

Special Report / Thu 21 Nov, 2024


U.S. CREDIT CARD INDEX: MOVERS & SHAKERS - 3Q24

Non-Rating Action Commentary / Thu 21 Nov, 2024


MAJOR UK BANKS’ ROBUST FUNDAMENTALS MITIGATE MARKET UNCERTAINTY, LOWER RATES

Special Report / Thu 21 Nov, 2024


EUROPEAN MONEY MARKET FUND COMPARE - 3Q24

Fitch Wire / Thu 21 Nov, 2024


EUROPEAN HOTELS’ REVENUE GROWTH TO DECELERATE IN 2025



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



The US Federal Reserve monetary policy-easing cycle that is about to begin will
be mild and slow compared with previous Fed rate-cutting episodes, Fitch Ratings
says in its latest Global Economic Outlook report. Services inflation in the US
is still too high to be consistent with inflation returning to target on a
sustained basis.



Learn More
VIDEO


2024 SF CONVERSATIONS – COVERED BONDS



Join our Covered Bond Analytical team, Hélène Heberlein, Managing Director, and
Cosme de Montpellier, Senior Director, as they discuss trends in EMEA covered
bonds, including rating momentum, EU directive impacts, and real estate
challenges.



Learn More
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JOIN OUR TALENT COMMUNITY



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



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02VIDEOS

STRENGTHENING FOREX BUFFERS SUPPORTIVE FOR APAC SOVEREIGNS’ CREDIT PROFILES

STRENGTHENING FOREX BUFFERS SUPPORTIVE FOR APAC SOVEREIGNS’ CREDIT PROFILES

EFFECTS OF US ELECTION OUTCOME ON SOVEREIGN CREDIT PROFILES WILL VARY

INSURANCE RATING CRITERIA – ASSIGNING ISSUER DEFAULT RATINGS AND RATINGS TO DEBT
ISSUES (PART 3 OF 3)

INSURANCE RATING CRITERIA – ASSIGNING INSURER FINANCIAL STRENGTH RATINGS (PART 2
OF 3)

INSURANCE RATING CRITERIA – SCOPE AND FRAMEWORK (PART 1 OF 3)

TAX CUTS COULD ADD TO U.S. BUDGET DEFICIT PRESSURES

TIGHTER REGULATION TO CURB LIQUIDITY & ASSET RISK AT ASIA-PACIFIC NON-BANK
FINANCIERS

SF CONVERSATIONS – EMEA STRUCTURED CREDIT

SF CONVERSATIONS – EMEA CMBS

SF CONVERSATIONS – COVERED BONDS

SF CONVERSATIONS – EMEA ABS & RMBS

SF CONVERSATIONS - NORTH AMERICA CMBS

ISLAMIC FINANCE TRENDS - SAUDI ASSET MANAGEMENT INDUSTRY TRENDS 2024

TRANSITION AND DEFAULTS STUDIES

SF CONVERSATIONS - GLOBAL CROSS SECTOR

JAPANESE INSURERS MAINTAIN A WELL-BALANCED APPROACH TO ESG

SF CONVERSATIONS - NORTH AMERICA STRUCTURED CREDIT

SF CONVERSATIONS - NORTH AMERICA RMBS

US STATE BUDGETS POISED FOR SLOWER GROWTH AFTER FED RATE CUTS

SF CONVERSATIONS - NORTH AMERICA ABS



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




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