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May 10, 2019

Please see below the latest articles from our Financial Institutions team. 

book_latest_research.pngLatest Publications From Our Bank Analysts  

Market volatility has resurfaced in Turkey in recent weeks, affecting banks and highlighting investors' concerns regarding the creditworthiness of the Turkish financial system. Investors have been spooked partly by ongoing currency depreciation... Continue reading

Like their conventional peers, Islamic banks in Gulf Cooperation Council (GCC) countries have seen growth slow in recent years. Some banks' exposure to Turkey has exacerbated the situation, after the country experienced significant volatility in 2018, and this remains a major source of risk, in our view. Read more

On March 25, 2019, S&P Global Ratings assigned our 'A' global scale issuer credit rating to Scotiabank Chile (A/Stable/--). This action took place after the bank merged with the former BBVA Chile last year, strengthening Scotiabank Chile's operations... Read more


The journey to implementation for the EU's money market fund (MMF) regulation started over a decade ago, following the global financial crisis, when regulators reassessed the systemic risk that MMFs had on the wider financial system. Read more

The S&P Global Ratings' 'AAAm' fund risk metrics are risk indicators of European-domiciled and offshore managed funds. These risk metrics provide a benchmarking tool of the credit quality, portfolio composition, maturity distribution, net assets, and performance of 'AAAm' funds. Read more

Visit our hot topics page Themes in Global Banking for more on our recent published articles, including: 
light_bulb_thought_leadership.png Global Publications From Other Sectors

While financing conditions tightened in the U.S. and Europe in the fourth quarter of 2018, companies issued more new debt than they repaid during the year, and the amount of global corporate debt instruments outstanding rated by S&P Global Ratings rose by 3%. Read more

Assessments of the health of an economy regularly require estimates of current and recent past activity. This is because the corresponding numbers sometimes only become available with a significant delay. Read more

Financial markets continue to stabilize following high volatility during fourth-quarter 2018 and the beginning of 2019. Macroeconomic variables are also improving, especially in the U.S... Learn more

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Alert icon.jpg  In case you've missed it, please find our recent Financial Institutions' newsletters below:

For access to more of our research and insights, please visit our dedicated Financial Institutions webpage. If you're having trouble viewing any of the reports included in this email, or would like to get in touch with one of our analysts, please contact us

Kind regards,

Alex Birry
Managing Director
Head of Analytics & Research - Financial Institutions 
S&P Global Ratings