S&P says major Aussie banks not at risk of downgrade amid pandemic
Major Australian banks are equipped to
manage a substantial rise in credit losses triggered by effects
of the conronavirus outbreak and their credit ratings are not at
risk of a downgrade, ratings agency S&P Global said.
manage a substantial rise in credit losses triggered by effects
of the conronavirus outbreak and their credit ratings are not at
risk of a downgrade, ratings agency S&P Global said.
Posted by Reuters
