Given coordinated efforts of the central banks and regulators, NCR believes that the COVID-19 crisis will be more about credit risk than the lack of liquidity observed during the financial crisis.
covid-19
10 publicly-listed Danish banks have revised their 2019 profit guidance upwards from an average of 14% to an average of 32% above 2018 pre-tax profits.
In this commentary NCR describes its view of the various features of corporate hybrid instruments and explains how they affect our view on equity treatment in our corporate credit analysis.
With an average credit assessment of 'bbb+' for the fifth year in a row, a sample of over 300 Nordic banks demonstrated stable creditworthiness in 2018.