Microfinance portfolios of small finance banks and non-bank microfinance institutions (together referred to as MFIs) are showing a distinct improvement and stability in asset quality
since June 2017, shrugging off the impact of demonetisation, which had cranked up delinquencies, affected borrower behaviour and worsened asset quality
Dubai: Dubai Islamic Bank (DIB) which undertook a massive five-year transformation strategy between 2008 and 2013 focusing on cleaning its balance sheet is very conscious of maintaining strong asset quality
The affirmation of the banks' IDRs, which are driven by their viability ratings (VRs), reflects Fitch's view that the risks from the slowdown of the cyclical domestic economy have largely been factored into the banks' relatively low rating levels, which also reflect the banks' narrow franchises, high balance sheet concentrations, vulnerable asset quality
and moderate capital buffers," said the message.
Today's affirmation of the ratings reflects GIB's: (1) strong capital and liquidity buffers; (2) improvements in the bank's asset quality
metrics; (3) a reduction in the level of concentrations of the bank's asset base; and (4) weak profitability relative to peers operating in the same region.
Global Banking News-December 31, 2014--Barclays India CEO says asset quality
Global Banking News-August 7, 2013--Portuguese banks to face increased asset quality
degradation in 2014(C)2013 ENPublishing - http://www.
Global Banking News-December 7, 2012--Moody's not happy with asset quality
of Indian banks(C)2012 ENPublishing - http://www.