UPDATE 1-S&P says major Aussie banks not at risk of downgrade amid pandemic
Major Australian banks can weather a
substantial rise in credit losses triggered by the coronavirus
outbreak while credit ratings of most banks in the country are
not at risk of a downgrade, ratings agency S&P Global said.
substantial rise in credit losses triggered by the coronavirus
outbreak while credit ratings of most banks in the country are
not at risk of a downgrade, ratings agency S&P Global said.
Posted by Reuters
