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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

 * Community Banks to See Improved M&A, Capital Markets Activity in 2025
 * U.S. Banking System Liquidity Sufficient Amid Fed Quantitative Tightening
 * Additional US Tariffs Would Increase Pressure on Global Commodity Markets
 * Leverage Discipline, Funding Flexibility Support Aircraft Lessor Ratings
 * Trade Tensions May Affect European and Middle East Seaports

More


Latest Commentary


TRADE TENSIONS MAY AFFECT EUROPEAN AND MIDDLE EAST SEAPORTS

Learn More
Wed 18 Dec, 2024


FITCH AFFIRMS SHINHAN BANK'S MORTGAGE COVERED BONDS AT 'AAA'; OUTLOOK STABLE

Wed 18 Dec, 2024


FITCH AFFIRMS VIPSHOP AT 'BBB'; OUTLOOK STABLE

Wed 18 Dec, 2024


FITCH REVISES OUTLOOK ON ASAHI LIFE TO POSITIVE; AFFIRMS IFS AT 'A-'

Tue 17 Dec, 2024


FITCH UPGRADES 3 CLASSES, AFFIRMS 7 FROM TWO BASECORP RMBS TRANSACTIONS; OUTLOOK
STABLE

Tue 17 Dec, 2024


FITCH AFFIRMS THREE OF TIANJIN GREAT WALL BINYIN'S AUTO ABS TRANSACTIONS;
OUTLOOK STABLE

Tue 17 Dec, 2024


FITCH ASSIGNS EXPECTED RATINGS TO J.P. MORGAN MORTGAGE TRUST 2024-NQM1

Tue 17 Dec, 2024


FITCH AFFIRMS TRILLIUM CREDIT CARD TRUST II, SERIES 2024-1 NOTES

Tue 17 Dec, 2024


FITCH REVISES ROMANIA'S OUTLOOK TO NEGATIVE; AFFIRMS AT 'BBB-'

Tue 17 Dec, 2024


FITCH WITHDRAWS OTTAWA COUNTY, MI'S IDR

Tue 17 Dec, 2024


FITCH WITHDRAWS CLAWSON PUBLIC SCHOOLS, MI'S IDR

Tue 17 Dec, 2024


FITCH DOWNGRADES CCUBS 2017-C1 AND AFFIRMS UBS 2017-C7

Tue 17 Dec, 2024


FITCH REVISES BTG PACTUAL AND BTGH'S OUTLOOK TO POSITIVE; AFFIRMS IDRS AT 'BB'

Wed 18 Dec, 2024


FITCH AFFIRMS SHINHAN BANK'S MORTGAGE COVERED BONDS AT 'AAA'; OUTLOOK STABLE

Wed 18 Dec, 2024


FITCH AFFIRMS VIPSHOP AT 'BBB'; OUTLOOK STABLE

Wed 18 Dec, 2024


FITCH REVISES OUTLOOK ON ASAHI LIFE TO POSITIVE; AFFIRMS IFS AT 'A-'

Tue 17 Dec, 2024


FITCH UPGRADES 3 CLASSES, AFFIRMS 7 FROM TWO BASECORP RMBS TRANSACTIONS; OUTLOOK
STABLE

Tue 17 Dec, 2024


FITCH AFFIRMS THREE OF TIANJIN GREAT WALL BINYIN'S AUTO ABS TRANSACTIONS;
OUTLOOK STABLE

Tue 17 Dec, 2024


FITCH ASSIGNS EXPECTED RATINGS TO J.P. MORGAN MORTGAGE TRUST 2024-NQM1

Tue 17 Dec, 2024


FITCH AFFIRMS TRILLIUM CREDIT CARD TRUST II, SERIES 2024-1 NOTES

Tue 17 Dec, 2024


FITCH REVISES ROMANIA'S OUTLOOK TO NEGATIVE; AFFIRMS AT 'BBB-'

Tue 17 Dec, 2024


FITCH WITHDRAWS OTTAWA COUNTY, MI'S IDR

Tue 17 Dec, 2024


FITCH WITHDRAWS CLAWSON PUBLIC SCHOOLS, MI'S IDR

Tue 17 Dec, 2024


FITCH DOWNGRADES CCUBS 2017-C1 AND AFFIRMS UBS 2017-C7

Tue 17 Dec, 2024


FITCH REVISES BTG PACTUAL AND BTGH'S OUTLOOK TO POSITIVE; AFFIRMS IDRS AT 'BB'


01INSIGHTS

Highlight


PODCAST: GLOBAL HOUSING AND MORTGAGE OUTLOOK 2025

Non-Rating Action Commentary / Wed 18 Dec, 2024


JAPANESE AUTO ABS’S OUTLOOK REVISED TO IMPROVING

Special Report / Tue 17 Dec, 2024


APAC INTERNATIONAL NON-LIFE INSURERS – PEER REVIEW DECEMBER 2024

Non-Rating Action Commentary / Tue 17 Dec, 2024


LATAM FINANCIAL MARKET INFRASTRUCTURE: STRONG BUSINESS MODELS

Special Report / Tue 17 Dec, 2024


LATAM FINANCIAL MARKET INFRASTRUCTURE: STRONG BUSINESS MODELS

Fitch Wire / Tue 17 Dec, 2024


COMMUNITY BANKS TO SEE IMPROVED M&A, CAPITAL MARKETS ACTIVITY IN 2025

Fitch Wire / Tue 17 Dec, 2024


U.S. BANKING SYSTEM LIQUIDITY SUFFICIENT AMID FED QUANTITATIVE TIGHTENING

Special Report / Tue 17 Dec, 2024


U.S. BANKING SYSTEM LIQUIDITY WILL REMAIN SUFFICIENT AMID FED QUANTITATIVE
TIGHTENING (BANK RESERVES TO REMAIN AMPLE DESPITE DECLINING AS BANK DEPOSITS
RISE AND LOAN GROWTH RECOVERS)

Special Report / Tue 17 Dec, 2024


CONGO DEFAULT ON REGIONAL DEBT: IMPLICATIONS FOR CEMAC SOVEREIGNS

Non-Rating Action Commentary / Tue 17 Dec, 2024


FITCH RATINGS UPDATES CRITERIA FOR RATING NORTH AMERICAN COMMERCIAL MORTGAGE
SERVICERS

Fitch Wire / Tue 17 Dec, 2024


ADDITIONAL US TARIFFS WOULD INCREASE PRESSURE ON GLOBAL COMMODITY MARKETS

Non-Rating Action Commentary / Tue 17 Dec, 2024


FITCH CORRECTS RATING ON VARIOUS SANTA CLARA VALLEY WATER DISTRICT AND BAY AREA
TOLL AUTHORITY BONDS

Non-Rating Action Commentary / Tue 17 Dec, 2024


SHARE OF COVERED BONDS USING ALL NOTCHES OF UPLIFT ABOVE ISSUER RATING INCREASES



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 2025


GLOBAL ECONOMIC OUTLOOK



US inflation risks are rising as consumer spending growth proves more robust
than expected, impending tariff hikes are set to push up import prices and a
slowdown in net immigration weighs on labour supply growth, Fitch Ratings says
in its latest Global Economic Outlook report.



Learn More
VIDEO


STRENGTHENING FOREX BUFFERS SUPPORTIVE FOR APAC SOVEREIGNS’ CREDIT



Forex reserves are rising across the vast majority of rated Asia-Pacific (APAC)
sovereigns in Fitch Ratings’ portfolio and, if sustained, will strengthen
external buffers, and support the credit profiles of many sovereigns across the
region.



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.



Careers


02VIDEOS

CREDIT OUTLOOK 2025 - GLOBAL SF ASSET PERFORMANCE STABLE IN 2025; MOST
‘DETERIORATING’ OUTLOOKS IN NORTH AMERICA

CREDIT OUTLOOK 2025 - GLOBAL SF ASSET PERFORMANCE STABLE IN 2025; MOST
‘DETERIORATING’ OUTLOOKS IN NORTH AMERICA

CHINA’S JIANGSU PROVINCE AND ITS LGFVS

ISLAMIC FINANCE TRENDS - TURKIYE DEBT CAPITAL MARKETS DASHBOARD: 3Q24

AI AND ENERGY TRANSITION ACCELERATE CAPEX GROWTH FOR SOME U.S. CORPORATES

JAPAN’S NEW POLITICAL DYNAMICS MAY CHALLENGE POSITIVE FISCAL TRENDS

CHINA’S EV DEMAND TO RISE, EU’S HIGH TARIFFS MAY HURT EXPORTS

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



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
 * All Events
 * Hosted
 * Third Party
 * Webinars

Sort
 * Upcoming Events
 * Past Events

Filter
 * Sector
 * Region

DECEMBER
DEC, 18

11:00 - 12:00 Singapore




INSIGHTS ON SOFTBANK CORP.'S 'BBB+' RATING; OUTLOOK STABLE

Webinars

DEC, 18

15:00 - 16:00 London




Q4 BANK REGULATION REVIEW PM

Webinars

JANUARY
JAN, 09

12:00 - 13:00 New York




U.S. LIFE PLAN COMMUNITIES CREDIT OUTLOOK 2025

Webinars

JAN, 09

16:00 - 17:00 Singapore




INSURANCE INSIGHTS 2025 - APAC

Webinars

JAN, 14

08:30 - 12:45 Paris




CREDIT OUTLOOK 2025 PARIS

Hosted

JAN, 16

08:30 - 14:00 London




CREDIT OUTLOOK 2025 LONDON

Hosted

JAN, 16

08:30 - 13:30 Singapore




CREDIT OUTLOOK 2025 SINGAPORE

Hosted

JAN, 21

08:30 - 15:00 Warsaw




CREDIT OUTLOOK 2025 WARSAW

Hosted

JAN, 22

08:30 - 14:00 Hong Kong




CREDIT OUTLOOK 2025 HONG KONG

Hosted

JAN, 22

12:00 - 17:30 Toronto




CREDIT OUTLOOK 2025 TORONTO

Hosted

JAN, 22

14:00 - 15:30 London




PUBLIC FINANCES AND POLICY: NAVIGATING DEBT SUSTAINABILITY IN 2025

Third Party

JAN, 23

08:30




LATIN AMERICA SOVEREIGNS CREDIT OUTLOOK 2025

Webinars

JAN, 23

09:30 - 10:30 New York




LATIN AMERICA CORPORATES CREDIT OUTLOOK 2025

Webinars

JAN, 23

10:30 - 11:30 New York




LATIN AMERICA FINANCIAL INSTITUTIONS CREDIT OUTLOOK 2025

Webinars

JAN, 23

13:30 - 19:00 London




INSURANCE INSIGHTS 2025 - LONDON

Hosted

JAN, 28

08:00 - 17:30 London




DEALCATALYST FUTURE OF FUND FINANCE: EUROPE

Third Party

JAN, 29

08:30 - 13:30 Berlin




CREDIT OUTLOOK 2025 FRANKFURT

Hosted

JAN, 29

10:30 - 11:30 Madrid




INSURANCE INSIGHTS 2025 - IBERIA

Webinars

JAN, 29

12:45 - 18:00 New York




INSURANCE INSIGHTS 2025 - NORTH AMERICA

Hosted

JAN, 30

08:30 - 12:15 Paris




INSURANCE INSIGHTS 2025 - PARIS

Hosted

FEBRUARY
FEB, 04

09:00 - 13:30 Madrid




CREDIT OUTLOOK 2025 SPAIN

Hosted

FEB, 05

09:00 - 13:00 Amsterdam




DUTCH BANKS AND MORTGAGE MARKET 2025

Hosted

FEB, 05

10:30 - 11:30 Rome




INSURANCE INSIGHTS 2025 - ITALY

Webinars

FEB, 06

10:30 - 11:30 Berlin




INSURANCE INSIGHTS 2025 - DACH

Webinars

FEB, 11

10:30 - 11:30 Amsterdam




INSURANCE INSIGHTS 2025 - NETHERLANDS

Webinars



December
January
February
March
April
May
June
July
August
September
October
November
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