China’s revised auto loan rules are likely to support car sales this year, especially for lower-priced, new energy vehicle (NEV) models, but could raise credit risks for some sectors.

Thomas Rookmaaker, Head of APAC Sovereigns, and Krisjanis Krustins, Primary Analyst on Pakistan discuss the results of Pakistan’s recent elections, their implications for IMF talks, and the country’s reform potential and funding prospects.

Private credit origination will increase in 2024, driven by the stabilization of rates, but elevated rates will continue to pressure debt service coverage, which is expected to lead to higher credit losses.

惠誉在三月份下调了2024年全年中国新房销售预测，预计2024年中国全国新建商品住宅销售额将下滑5%-10%。楼市复苏放缓或对地方政府、银行和资产管理公司产生更广泛的影响。

Gulf Cooperation Council (GCC) banks’ US dollar debt issuance experienced one of its strongest quarters ever in 1Q24 with issuance already exceeding the full-year 2023 total, and annual issuance in 2024 and 2025 could exceed the 2020 record.

Indian banks' profitability is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term.

Justin Patrie, Head of Fitch Wire, and Meghan Neenan, Head of North America NBFI, dive into the rapidly expanding private credit sector, covering the origins of the space, its growing profile following the 2008 financial crisis and more.

政策金利を引き上げ、プラス圏に戻すという日銀の決定は、インフレ動向の改善に向けた取り組みが一定の成果を上げていることを示唆している。

Las prioridades de las nuevas administraciones y sus efectos sobre los fundamentos crediticios serán el enfoque de nuestro análisis soberano en aquellos países de Latinoamérica (Latam) en los que se realizarán elecciones este año.

The priorities of new administrations and their effects on credit fundamentals will be a focus of our sovereign credit analysis in those Latin American (LatAm) countries where elections are due this year.