Banks – Kenya: Commercial lending rate cap removal supports Kenyan banks' loan growth and profitability, a credit positive
06 NOV 2019|Sector Comment|MOODY'S INVESTORS SERVICE
We expect banks loan growth and margins to increase now that the rate cap has been removed.
01 NOV 2019|Credit Opinion|MOODY'S INVESTORS SERVICE
Our credit view of South Africa highlights the economic and fiscal headwinds, as well as its structural strengths.
Financial Institutions – Lithuania: Bank of Lithuania's new guidelines on security token offerings is an open invitation to fintechs
28 OCT 2019|Sector Comment|MOODY'S INVESTORS SERVICE
Applying existing regulation on investment tokens will enable issuers to lower costs compared with traditional initial public offerings and debt issuances, a positive for fintech firms.
23 OCT 2019|Sector Comment|MOODY'S INVESTORS SERVICE
Evolution of Medium & Long Term Argentinian Bond Funds in ARS in 3Q 2019 rated by Moodys
Government of Morocco: Morocco maintains steady budget deficit but increased reliance on non-tax revenues risks future fiscal slippage
23 OCT 2019|Issuer Comment|MOODY'S INVESTORS SERVICE
The increased reliance on one-off or non-tax revenues to fund permanent spending raises the risk of fiscal slippage.
CMBS – EMEA: Some deals are at risk of interest shortfalls on junior notes, despite good loan performance
14 OCT 2019|Sector In-Depth|MOODY'S INVESTORS SERVICE
Such an event is the result of either an increase in senior costs or a reduction in loan available funds, with no structural mitigants in place.
11 OCT 2019|Research Announcement|MOODY'S INVESTORS SERVICE
An in-depth analysis of the four analytical factors underlying Cameroon's credit profile reflecting significant infrastructure upgrades amid narrowing fiscal space.
10 OCT 2019|Credit Opinion|MOODY'S INVESTORS SERVICE
Our credit view of Côte d'Ivoire reflects robust growth prospects and prudent fiscal policy balanced by low wealth levels and institutional weaknesses.