End Times and Current Events
November 26, 2021, 06:07:46 pm
Welcome, Guest. Please login or register.

Login with username, password and session length
News: "Search the scriptures; for in them ye think ye have eternal life: and they are they which testify of me." John 5:39 (KJB)
  Home Help Search Gallery Staff List Login Register  

Moody's cuts strength ratings on 8 Brazilian banks

August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
View Shout History
Pages: [1]   Go Down
Author Topic: Moody's cuts strength ratings on 8 Brazilian banks  (Read 495 times)
Psalm 51:17
Global Moderator
Hero Member
Offline Offline

Posts: 28357

View Profile
« on: July 01, 2012, 05:14:48 pm »

Moody's cuts strength ratings on 8 Brazilian banks
28 June 2012, by Robert Daniel - Tel Aviv (MarketWatch)

Moody's Investors Service on Wednesday lowered the stand-alone financial-strength ratings of eight Brazilian institutions by one to three levels.

The credit-rating firm took the action as part of a worldwide review of banks that carry assessments higher than those of the nations in which they are located.

Moody's cut four banks' stand-alone ratings and credit assessments to the C-/Baa2 level of Brazil.

They are Banco do Brasil SA, Banco Safra SA, Banco Santander Brasil and HSBC Bank Brasil.

The creditworthiness of these four "cannot be completely delinked from the credit strength of the government," Moody's said.

The firm cut three Brazilian banks to C-/Baa1, one notch above the sovereign: Banco Bradesco SA, Banco Itau Unibanco SA and Banco Itau BBA SA.

These three exceptions reflect risk-mitigating factors including diversity in where they do business and in their earnings sources, Moody's said.

And it cut Banco Votorantim SA to C-/Baa3, one notch below the sovereign, reflecting what Moody's called the bank's "poor financial performance, including weak asset quality and profitability, and the prospects of ongoing challenges to its financial strength.

Moody's cut the local-currency-deposit or issuer ratings on 11 financial institutions to reflect their lower stand-alone assessments or lower ratings at their parent banks.

Moody's also cut the long-term local-currency issuer rating of securities-exchange operator BM&F Bovespa to A-3, two notches above the sovereign, from A-1.
Report Spam   Logged

Share on Facebook Share on Twitter

Pages: [1]   Go Up
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
Free SMF Hosting - Create your own Forum

Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy