Nearly 90% of banks expect profit in 2022
Most banks expected better business results for the fourth quarter and the whole year.
Most banks expected better business results for the fourth quarter and the whole year.
In the past months, the fact that many banks have seen their quota reaching the limits makes it hard for people and businesses to access loans.
Moody's rating actions on the 18 banks are driven purely by the sovereign rating action, and do not reflect a weakening of the banks' standalone financial profiles.