Putbacks Not Expected To Affect Bank Ratings

08 Feb 2011

The cost to banks of buying back bad loans from investors by itself is not likely to affect the ratings of the institutions, predicts Standard & Poor’s.

The cost to banks of buying back bad loans from investors by itself is not likely to affect the ratings of the institutions, predicts Standard & Poor’s. Based on 2010 pretax earnings results and its own estimates, S&P concluded that while, putback schemes suppressed banks’ earning in the ...

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