S&P reconsidering how it evaluates country banking risk
Standard and Poor’s is requesting market comments on proposed changes to how it makes banking industry country risk assessments (BICRAs).
"As a result of the depth of the downturn in the financial sector, and the repercussions for the broader economy, S&P is reevaluating the effects of innovation and developments in the banking industry and their implications for creditworthiness," it said.BICRAs are S&Ps evaluation of the risk profile ...
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