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fitch-ratings

Business 7 years ago

Market pressures to halt positive Indonesian bank trends: Fitch Ratings

Credit rating agency Fitch Ratings says currency depreciation and higher domestic interest rates are likely to halt the recent improvement in Indonesian banks' asset quality and put downward pressure on profitability.

Business 8 years ago

Fitch raises Greece's debt rating, citing stability, growth

The Fitch ratings agency on Friday upgraded Greece's sovereign debt grade, citing budget surpluses, greater political stability and the growing economy.

Editorial 8 years ago

EDITORIAL: Another well-deserved upgrade

Fitch Ratings raised the country’s sovereign rating to BBB investment grade last week.

Business 8 years ago

Indonesia wins Fitch Rating upgrade months after S&P move

Indonesia won a second sovereign rating upgrade this year, with Fitch Ratings raising its assessment to the second-lowest investment grade, months after S&P Global Ratings lifted the nation out of junk status.

Editorial 8 years ago

EDITORIAL: Well-deserved rating upgrade

The long-awaited upgrade from S&P completely validates Indonesia’s strong fiscal management that was established by Finance Minister Sri Mulyani Indrawati.

Business 9 years ago

Collusion verdict to have little impact on motorcycle makers

The recent verdict by the Business Competition Supervisory Commission (KPPU) that the two largest motorcycle manufacturers colluded to fix prices will have a limited impact on competition and growth in the industry, Fitch Ratings said in a statement issued on Thursday.

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