Coronavirus Effects
The economic and trade disruption caused by the coronavirus outbreak has spread from the APAC region to the rest of the world. The impact on economies, sectors and issuer credit profiles will depend on the severity and duration of the crisis.
  • SUMMARY
  • REPORTS
  • Reports
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    345 Documents
    TitleIssuer/Entity
    30 MAR 2020|Outlook|MOODY'S INVESTORS SERVICE
    The negative sector outlook reflects our expectation for weak private construction activity amid the coronavirus outbreak. Operating income growth will contract by at least 3% in 2020.
    30 MAR 2020|Credit Opinion|MOODY'S INVESTORS SERVICE
    Revenues and cash flow will be depressed in 2020 due to the impact of the COVID-19 outbreak. These risks are partially mitigated by the company's liquidity and variable cost structure.
    30 MAR 2020|Sector In-Depth|Credit Risks in Turbulent Times|MOODY'S INVESTORS SERVICE
    While broad response programs mitigate near-term risks to financial institutions, elements such as payment holidays and forbearance on capital standards may increase long-term risks.
    30 MAR 2020|Issuer In-Depth|MOODY'S INVESTORS SERVICE
    Discovery pulls 2020 guidance following postponed Tokyo Olympics - will benefit Q3 earnings, but signals risks over next year. Ratings and outlook unaffected at present.
    30 MAR 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
    Tax revenue securing special tax debt, particularly revenue from hospitality and travel activities, will weaken as the coronavirus causes travel restrictions and an economic slowdown.
    30 MAR 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
    Aareal Bank is still considering paying out a large share of its 2019 profit as dividends rather than strengthening its capital buffers amid a likely shock to the global economy.
    30 MAR 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
    We have reduced our real GDP growth forecast for India for 2020 to 2.5% from 5.3%, but there remains significant downside risk.
    30 MAR 2020|Sector Comment|MOODY'S INVESTORS SERVICE
    The French state will guarantee 75%-90% of the amount of these loans, while banks will bear the remaining risk. These measures will mitigate the negative pressure on banks.
    30 MAR 2020|Sector Comment|MOODY'S INVESTORS SERVICE
    Monetary and fiscal policy measures, among others, will help curb the credit-negative effect on Kenyan banks' asset quality, profitability and liquidity.
    30 MAR 2020|Sector In-Depth|Credit Risks in Turbulent Times|MOODY'S INVESTORS SERVICE
    Non-investment grade emerging market sovereigns with near-term Eurobond maturities and that rely on private sector external funding are most vulnerable in the current environment.