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<title>gtnews.com: Ratings</title>
<link>http://www.gtnews.com/</link>
<description>Recent Ratings on gtnews.com</description>
<lastBuildDate>Sat, 04 Feb 2012 18:30:00 GMT</lastBuildDate>
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         <title>NORD/LB and Bremer LB's Ratings Affirmed due to High Probability of Support </title> 
         <description>Fitch Ratings has affirmed Germany-based Norddeutsche Landesbank Girozentrale (NORD/LB) and its subsidiaries Bremer Landesbank Kreditanstalt Oldenburg - Girozentrale (Bremer LB) and NORD/LB Covered Finance Bank's ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17308</link>
         <pubDate>Fri, 03 Feb 2012 10:09:18 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17308</guid>
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         <title>Banca Monte dei Paschi di Siena's Ratings Placed on Downgrade Review</title> 
         <description>Moody's has placed on review for downgrade the Baa1/prime-2 senior debt and deposit ratings as well as the D+ standalone bank financial strength rating (BFSR, ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17307</link>
         <pubDate>Fri, 03 Feb 2012 10:08:01 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17307</guid>
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         <title>Ratings Action on Cypriot Banks' Following Sovereign Downgrade</title> 
         <description>Fitch Ratings has taken rating actions on Bank of Cyprus (BOC), Marfin Popular Bank (MPB) and Hellenic Bank's (HB) long-term and short-term issuer default ratings ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17306</link>
         <pubDate>Fri, 03 Feb 2012 10:06:24 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17306</guid>
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         <title>Seychelles Ratings Affirmed Following Strong Fund Facility Programme Performance</title> 
         <description>Fitch Ratings has affirmed Seychelles long-term foreign currency issuer default rating (IDR) at B and long-term local currency IDR at B+. The outlook on the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17305</link>
         <pubDate>Fri, 03 Feb 2012 10:05:09 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17305</guid>
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         <title>Lebanon's Ratings Affirmed due to Well-Regulated Financial System </title> 
         <description>Standard &amp; Poor's (S&amp;P) has affirmed its B long-term and B short-term foreign- and local-currency sovereign credit ratings on Lebanon. The outlook is stable. The ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17299</link>
         <pubDate>Thu, 02 Feb 2012 11:01:13 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17299</guid>
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         <title>Turkish Bank's Ratings Positive in-line with Economic Outlook</title> 
         <description>Moody's has assigned a first-time provisional (P)Ba1 foreign-currency senior unsecured debt rating to Turkey's Yapi ve Kredi Bankasi (Yapikredi). The outlook on the rating is ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17298</link>
         <pubDate>Thu, 02 Feb 2012 11:00:27 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17298</guid>
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         <title>Kommunalkredit Austria Downgraded due to Greek Exposure Fears</title> 
         <description>Moody's has downgraded the standalone bank financial strength rating (BFSR) of Kommunalkredit Austria (KA) to E from E+, mapping to Caa1 on Moody's long-term scale ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17297</link>
         <pubDate>Thu, 02 Feb 2012 10:59:22 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17297</guid>
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         <title>Sri Lankan Banking Sector Benefits from Customer Deposit Funding</title> 
         <description>The Sri Lankan banking sector is concentrated and dominated by the public sector banks that accounted for about half of sector assets at end-2010, said ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17296</link>
         <pubDate>Wed, 01 Feb 2012 10:55:25 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17296</guid>
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         <title>Dexia Bank Belgium and KBC Downgraded; Removed from RWN</title> 
         <description>Fitch Ratings has downgraded Dexia Bank Belgium, KBC Bank and KBC Group's long-term issuer default ratings (IDRs) to A- from A and removed them from ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17295</link>
         <pubDate>Wed, 01 Feb 2012 10:54:37 GMT</pubDate>
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         <title>Bank Pekao's Ratings Affirmed due to Likelihood of Parental Support </title> 
         <description>Fitch Ratings has affirmed Poland-based Bank Pekao, including its long-term issuer default rating (IDR), at A- with a stable outlook. Simultaneously, Fitch has affirmed the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17294</link>
         <pubDate>Wed, 01 Feb 2012 10:54:02 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17294</guid>
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         <title>Uzbek banks' on Downgrade Review as Government Support Reassessed </title> 
         <description>Moody's has placed on review for downgrade the local currency deposit ratings of five Uzbek banks which receive rating uplift due to the inclusion of ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17293</link>
         <pubDate>Wed, 01 Feb 2012 10:53:04 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17293</guid>
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         <title>Northern Rock Downgraded, Reflecting Difficult Operating Environment</title> 
         <description>Fitch Ratings has downgraded Northern Rock's (NR) long-term issuer default rating (IDR) to BBB from BBB+. The outlook is stable. Fitch has also downgraded NR's ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17278</link>
         <pubDate>Tue, 31 Jan 2012 10:05:51 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17278</guid>
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         <title>Several Uruguayan Banks Upgraded Following Sovereign Rating Action</title> 
         <description>Moody's has changed the outlook to positive from stable of the Ba2 long term global foreign currency deposit ratings of Banco Santander (Uruguay), Banco Itaú ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17277</link>
         <pubDate>Tue, 31 Jan 2012 10:03:38 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17277</guid>
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         <title>Banco Davivienda's Ratings Affirmed Following Acquisition </title> 
         <description>Moody's has affirmed all of Banco Davivienda's ratings and changed the outlook to negative, from stable, following the announcement on 24 January 2012 of the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17276</link>
         <pubDate>Tue, 31 Jan 2012 10:02:52 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17276</guid>
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         <title>HP International Bank Downgraded Following Parental Action </title> 
         <description>Moody's has downgraded Hewlett-Packard International Bank's (HPIB) bank deposit ratings to A3/p-2 from A2/p-1 and the backed commercial paper rating to p-2 from p-1. The ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17275</link>
         <pubDate>Tue, 31 Jan 2012 10:02:15 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17275</guid>
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         <title>UkrSibbank's Ratings Withdrawn for 'Business Reasons' </title> 
         <description>Moody's has withdrawn all ratings of UkrSibbank (Ukraine) for business reasons. At the time of withdrawal, UkrSibbank's ratings were as follows: long-term local currency deposit ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17274</link>
         <pubDate>Tue, 31 Jan 2012 10:01:28 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17274</guid>
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         <title>Italy Downgrade Reflects 'Systemic Nature of Eurozone Crisis'</title> 
         <description>Fitch Ratings has downgraded Italy's long-term issuer default rating (IDR) to A- from A+. The short-term IDR was downgraded to F2 from F1 with a ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17273</link>
         <pubDate>Mon, 30 Jan 2012 10:55:39 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17273</guid>
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         <title>Major Australian Banks on RWN; Canadian Banks Affirmed</title> 
         <description>Fitch Ratings has placed four major Australian banks' long-term issuer default ratings (IDR) and viability ratings (VRs) together with many of their subsidiaries' ratings, on ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17271</link>
         <pubDate>Mon, 30 Jan 2012 10:54:34 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17271</guid>
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         <title>Ireland's Ratings Affirmed Following Fiscal and Structural Adjustments</title> 
         <description>Fitch Ratings has affirmed Ireland's long-term issuer default rating (IDR) at BBB+, negative outlook and its short-term IDR at F2. The affirmation follows the rating ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17270</link>
         <pubDate>Mon, 30 Jan 2012 10:53:51 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17270</guid>
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         <title>CABEI's Ratings Incorporate Strong Financial and Political Support</title> 
         <description>The Central American Bank for Economic Integration (CABEI), a large multilateral lender in central America, has a long-term foreign-currency rating of A2 and a short-term ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17269</link>
         <pubDate>Mon, 30 Jan 2012 10:53:04 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17269</guid>
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         <title>Slovenia Downgraded due to Banking Sector Deterioration</title> 
         <description>Slovenia's long-term issuer default rating (IDR) has been downgraded to A from AA- with a negative outlook. The short-term IDR was downgraded to F1 from ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17268</link>
         <pubDate>Mon, 30 Jan 2012 10:52:19 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17268</guid>
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         <title>Sri Lankan Banks' Stable Outlooks Follow Improved Earnings </title> 
         <description>The outlook for the majority of Sri Lankan banks is stable according to Fitch Ratings. The outlook is underpinned by improved earnings prospects due to ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17251</link>
         <pubDate>Fri, 27 Jan 2012 11:12:51 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17251</guid>
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         <title>Uruguay's Outlook Positive due to Sustained Economic Growth</title> 
         <description>Moody's has revised its rating outlook to positive from stable for the Ba1 rating of Uruguay. The positive outlook is based on a steady improvement ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17250</link>
         <pubDate>Fri, 27 Jan 2012 11:12:04 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17250</guid>
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         <title>HSBC Turkey Downgraded due to Deteriorating Profitability</title> 
         <description>Moody's has downgraded the long-term global local-currency (GLC) deposit rating of HSBC Bank Turkey (HSBC Turkey) to Baa1 from A3 and affirmed the D+ standalone ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17249</link>
         <pubDate>Fri, 27 Jan 2012 11:09:28 GMT</pubDate>
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         <title>VTB Bank France's Ratings Withdrawn for 'Business Reasons'</title> 
         <description>Moody's has withdrawn the following ratings of VTB Bank France (VTBF): D- bank financial strength rating (BFSR); Baa3 long-term local- and foreign-currency deposit ratings; P-3 ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17248</link>
         <pubDate>Fri, 27 Jan 2012 11:07:03 GMT</pubDate>
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         <title>Hong Leong Bank's Ratings due to Sound, Liquid Balance Sheet</title> 
         <description>Fitch Ratings has affirmed Hong Leong Bank Berhad's (HLBB) ratings, including its BBB+ long-term foreign-currency issuer default rating (IDR) with stable outlook. The rating affirmation ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17247</link>
         <pubDate>Fri, 27 Jan 2012 11:06:24 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17247</guid>
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         <title>MKB Unionbank Placed on RWN Following Sovereign Downgrade</title> 
         <description>Fitch Ratings has maintained MKB Unionbank's (MKBU) long-term issuer default rating (IDR), short-term IDR and support rating on rating watch negative (RWN). The bank's viability ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17246</link>
         <pubDate>Fri, 27 Jan 2012 11:05:48 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17246</guid>
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         <title>Nordea Profitability Remains Resilient Highlighting Cost Efficiencies</title> 
         <description>Nordea Bank's 2011 results demonstrate resilient profitability, supported by geographic diversity and a focus on cost efficiency, say Fitch Ratings. The group's access to funding ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17241</link>
         <pubDate>Thu, 26 Jan 2012 11:25:56 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17241</guid>
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         <title>Credit Foncier de France's Outlook Stable Reflecting Support Likelihood</title> 
         <description>Moody's has assigned domestic and foreign long-term senior unsecured ratings of Aa3 to Credit Foncier de France (CFF). The outlook on these ratings is stable. ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17240</link>
         <pubDate>Thu, 26 Jan 2012 11:23:32 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17240</guid>
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         <title>Banco HSBC Salvadoreño's Ratings Affirmed Reflecting Adequate Business</title> 
         <description>Standard &amp; Poor's (S&amp;P) has affirmed its BB-/B issuer credit ratings on Banco HSBC Salvadoreño. The outlook is stable. The bank's standalone credit profile (SACP) ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17238</link>
         <pubDate>Thu, 26 Jan 2012 11:21:40 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17238</guid>
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         <title>ACBA Credit Agricole's Ratings Affirmed and Withdrawn </title> 
         <description>Fitch Ratings has affirmed and withdrawn the ratings of Armenia's CJSC ACBA-Credit Agricole Bank (ACBA), including its long-term issuer default rating (IDR) of BB- with ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17236</link>
         <pubDate>Thu, 26 Jan 2012 11:18:09 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17236</guid>
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         <title>Andhra Bank's Negative Outlook due to Asset Quality Deterioration </title> 
         <description>Fitch Ratings has revised India-based Andhra Bank's (AB) outlook to negative from stable while affirming its national long-term rating at Fitch AA+(ind) and national short-term ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17227</link>
         <pubDate>Wed, 25 Jan 2012 11:37:32 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17227</guid>
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         <title>UkrSibbank's Outlook Negative in Line with Sovereign Rating </title> 
         <description>Moody's has confirmed UkrSibbank's Ba2 long-term local currency deposit rating and its Aa1.ua national scale rating. The Ba2 local currency deposit rating carries a negative ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17226</link>
         <pubDate>Wed, 25 Jan 2012 11:35:45 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17226</guid>
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         <title>Rodovid Bank's Ratings Withdrawn for 'Business Reasons'</title> 
         <description>Moody's has withdrawn all ratings of Rodovid Bank (Ukraine) for its own business reasons. At the time of withdrawal, Rodovid Bank's ratings were as follows: ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17225</link>
         <pubDate>Wed, 25 Jan 2012 11:34:54 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17225</guid>
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         <title>Capital One Placed on Downgrade Review Following Acquisition </title> 
         <description>Moody's is continuing its ratings review for a possible downgrade of the long-term ratings of Capital One Financial Corporation (COF) and its lead banks, Capital ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17220</link>
         <pubDate>Tue, 24 Jan 2012 11:11:26 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17220</guid>
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         <title>Croatia EU Vote Positive, But Fiscal Policy Is Rating Key </title> 
         <description>Fitch Ratings says that EU accession should have tangible benefits for Croatia. But the government's fiscal policy remains the key short-term factor for the rating, ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17219</link>
         <pubDate>Tue, 24 Jan 2012 11:10:53 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17219</guid>
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         <title>Mexico's Fiscal Performance Associated with Low Budget Deficits</title> 
         <description>Mexico's Baa1 sovereign rating and stable outlook balance moderate government and external debt ratios, the authorities' strong commitment to fiscal responsibility, as well as latent ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17218</link>
         <pubDate>Tue, 24 Jan 2012 11:10:15 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17218</guid>
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         <title>Indian Banks' Ratings Remain Stable Despite Challenges</title> 
         <description>The outlook for Indian banks remains stable in 2012, according to Fitch Ratings. This outlook is premised on domestic economic recovery, together with the government's ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17216</link>
         <pubDate>Mon, 23 Jan 2012 11:53:20 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17216</guid>
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         <title>Banco Itaú Uruguay's Ratings Affirmed </title> 
         <description>Moody's has affirmed the bank financial strength rating (BFSR) of D assigned to Banco Itaú Uruguay (Itaú), as well as its Baa2/P-2 and Ba2/NP global ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17215</link>
         <pubDate>Mon, 23 Jan 2012 11:52:41 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17215</guid>
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         <title>ACBA-Credit Agricole's Ratings Withdrawn for 'Business Reasons' </title> 
         <description>Moody's has withdrawn all ratings of ACBA-Credit Agricole (Armenia) for business reasons. At the time of withdrawal, ACBA-Credit Agricole's ratings were as follows:Long-term local currency ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17214</link>
         <pubDate>Mon, 23 Jan 2012 11:52:09 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17214</guid>
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         <title>Banco Mercantil's Ratings Affirmed due to Stable Profitability Indicators</title> 
         <description>Moody's has affirmed all ratings assigned to Banco Mercantil do Brasil (BMB), including the D bank financial strength rating (BFSR), the global local and foreign ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17213</link>
         <pubDate>Mon, 23 Jan 2012 11:51:33 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17213</guid>
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         <title>Global Bank Ratings 'Likely to Decline in 2012'</title> 
         <description>Several trends are currently weakening the credit profiles of many rated banks globally, according to Moody's. These trends include:Deteriorating sovereign creditworthiness, particularly in the euro ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17199</link>
         <pubDate>Fri, 20 Jan 2012 09:31:39 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17199</guid>
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         <title>Bank of Queensland's Downgrade Reflect Deteriorating Asset Quality</title> 
         <description>Moody's has downgraded the ratings of Bank of Queensland (BoQ) by one notch, upon conclusion of its review for possible downgrade. Ratings affected by this ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17198</link>
         <pubDate>Fri, 20 Jan 2012 09:30:08 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17198</guid>
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         <title>Bank of Baroda Ratings Affirmed due to Strong Profitability Indicators</title> 
         <description>Moody's has affirmed Bank of Baroda's deposit and debt ratings, with a stable outlook. Bank of Baroda's Baa3/P-3 foreign currency deposit ratings are constrained by ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17197</link>
         <pubDate>Fri, 20 Jan 2012 09:28:23 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17197</guid>
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         <title>Banco Panamericano's Ratings Affirmed due to Proposed Acquisition</title> 
         <description>Moody's has affirmed Banco Panamericano's (Panamericano) bank financial strength rating (BFSR) of E+ as well as its Ba2/not prime long and short-term global local and ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17196</link>
         <pubDate>Fri, 20 Jan 2012 09:27:15 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17196</guid>
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         <title>Taiwan's Ratings Based on High Economic Resiliency</title> 
         <description>Taiwan's Aa3 rating is based on Moody's assessment of high economic resiliency. This is underpinned by the economy's flexibility, effective regulation, and a competitive external ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17195</link>
         <pubDate>Fri, 20 Jan 2012 09:24:05 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17195</guid>
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         <title>Standard Bank Argentina's Ratings on Review Following Ownership Changes</title> 
         <description>Moody's is continuing its review for possible downgrade of Standard Bank Argentina's ratings. The ratings under review include the bank's D bank financial strength rating ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17184</link>
         <pubDate>Thu, 19 Jan 2012 10:51:58 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17184</guid>
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         <title>BRE Bank on Downgrade Review Following Parental Ratings Action </title> 
         <description>Moody's has downgraded BRE Bank's (BRE) long-term bank deposit rating to Baa2 from Baa1 and placed it on review for further downgrade. BRE's short-term rating ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17183</link>
         <pubDate>Thu, 19 Jan 2012 10:50:35 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17183</guid>
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         <title>Norway's Stable Outlook Highlights Favourable Financial Situation</title> 
         <description>Norway's economic resiliency is assessed as very high, reflecting Norway's status as a wealthy, developed nation with a stable, consensus-based political framework and a government ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17182</link>
         <pubDate>Thu, 19 Jan 2012 10:49:41 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17182</guid>
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         <title>Switzerland's Ratings Reflect Track Record of Low Inflation and Fiscal Prudence</title> 
         <description>The Aaa rating on Swiss government debt is underpinned by the country's very high levels of economic, institutional and financial strength, which support a very ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17181</link>
         <pubDate>Thu, 19 Jan 2012 10:48:36 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17181</guid>
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         <title>ADB's Healthy Financial Condition Supports Stable Ratings Outlook</title> 
         <description>The Aaa ratings for long-term debt issued by the Asian Development Bank (ADB) and the prime-1 rating for short-term obligations are primarily supported by the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17180</link>
         <pubDate>Thu, 19 Jan 2012 10:47:45 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17180</guid>
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         <title>Commerzbank's Downgrade Reflects Rising Earnings Constraints </title> 
         <description>Moody's has downgraded the standalone bank financial strength ratings (BFSRs) of Commerzbank and Commerzbank Europe (Ireland) (CBE(I)) to D+ from C-, that of Eurohypo to ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17166</link>
         <pubDate>Wed, 18 Jan 2012 10:42:19 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17166</guid>
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         <title>Indonesia's Upgrade Highlights Economic Growth Resilience</title> 
         <description>Moody's has upgraded Indonesia's foreign and local currency bond ratings to Baa3 from Ba1.The ratings outlook is stable. The key drivers of this decision are:Moody's ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17164</link>
         <pubDate>Wed, 18 Jan 2012 10:35:03 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17164</guid>
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         <title>Taiwan's Ratings Affirmed due to Improved Economic Performance </title> 
         <description>Fitch Ratings has affirmed Taiwan's long-term foreign- and local-currency issuer default ratings (IDR) at A+ and AA- respectively. The agency has also affirmed the short-term ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17165</link>
         <pubDate>Wed, 18 Jan 2012 10:35:03 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17165</guid>
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         <title>South African Banks' Negative Outlooks Follows Sovereign Rating Action</title> 
         <description>Fitch Ratings has revised the outlooks on FirstRand Bank, Nedbank, Nedbank Group, Standard Bank of South Africa and Standard Bank Group to negative from stable, ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17163</link>
         <pubDate>Wed, 18 Jan 2012 10:33:59 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17163</guid>
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         <title>EIB's Ratings Affirmed due to Historical Loan Portfolio Performance</title> 
         <description>Standard &amp; Poor's (S&amp;P) has affirmed the AAA long-term and A-1+ short-term issuer credit ratings on the European Investment Bank (EIB). S&amp;P removed the long-term ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17162</link>
         <pubDate>Tue, 17 Jan 2012 11:09:12 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17162</guid>
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         <title>Iceland's Easing of Exchange Controls Supports Creditworthiness</title> 
         <description>Iceland's planned resumption of foreign currency auctions, in which the Icelandic Central Bank (ICB) is offering to exchange kronur for a total of ¤100m, are ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17161</link>
         <pubDate>Tue, 17 Jan 2012 11:06:03 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17161</guid>
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         <title>France's Ratings Downgraded due to Deepening Eurozone Crisis</title> 
         <description>Standard &amp; Poor's (S&amp;P) has lowered the unsolicited long-term sovereign credit rating on France to AA+ from AAA. At the same time S&amp;P has affirmed ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17146</link>
         <pubDate>Mon, 16 Jan 2012 10:51:48 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17146</guid>
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         <title>Ireland's Ratings Affirmed due to Low Likelihood of ECB Currency Restrictions</title> 
         <description>Standard &amp; Poor's (S&amp;P) has affirmed Ireland's BBB+ long-term and A-2 short-term ratings. At the same time, S&amp;P has removed the long-term rating from CreditWatch ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17145</link>
         <pubDate>Mon, 16 Jan 2012 10:50:54 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17145</guid>
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         <title>South Africa's Ratings Affirmed with Negative Outlook</title> 
         <description>Fitch Ratings has affirmed South Africa's long-term foreign and local currency issuer default ratings (IDR) at BBB+ and A respectively. The outlooks on the long-term ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17144</link>
         <pubDate>Mon, 16 Jan 2012 10:50:01 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17144</guid>
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         <title>Russia's Outlook Stable Reflecting Poor Governance Indicators </title> 
         <description>Fitch Ratings has revised the outlook on Russia's long-term foreign and local currency issuer default ratings (IDR) to stable from positive and affirmed the IDRs ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17143</link>
         <pubDate>Mon, 16 Jan 2012 10:48:04 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17143</guid>
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         <title>OJSC OTP Bank's Outlook Negative due to Weakening Sovereign </title> 
         <description>Fitch Ratings has affirmed OJSC OTP Bank's (OTPR) long-term issuer default ratings (IDRs) at BB and national rating at AA-(rus). The agency has revised the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17142</link>
         <pubDate>Mon, 16 Jan 2012 10:38:29 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17142</guid>
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         <title>Four Hungarian Banks Downgraded Following Sovereign Ratings Action </title> 
         <description>Fitch Ratings has downgraded Hungarian banks CIB Bank (CIB) and Kereskedelmi es Hitelbank (K&amp;H) long-term issuer default ratings (IDR) to BBB from A- with a ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17141</link>
         <pubDate>Fri, 13 Jan 2012 11:06:41 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17141</guid>
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         <title>Stable Outlook for Recovering IDBI Bank Following Rising Net Interest Margins</title> 
         <description>Moody's Investors Service has recognised the improving financial position at IDBI Bank, which needed support from the Indian government last year, by affirming its ratings ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17140</link>
         <pubDate>Fri, 13 Jan 2012 11:03:40 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17140</guid>
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         <title>HSBC France's Ratings Affirmed due to Probability of Parental Support</title> 
         <description>Fitch Ratings has affirmed HSBC France's (HSBC FR) long-term issuer default rating (IDR) at AA, short-term IDR at F1+ and viability rating (VR) at a. ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17124</link>
         <pubDate>Thu, 12 Jan 2012 10:20:39 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17124</guid>
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         <title>Sweden's Ratings in Line with Other Nordic Countries</title> 
         <description>Moody's rates Sweden's government debt Aaa. The rating is based on very high economic strength, reflecting both a high gross domestic product (GDP) per capita ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17123</link>
         <pubDate>Thu, 12 Jan 2012 10:19:58 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17123</guid>
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         <title>DBP and LBP Deposit Ratings Reflect Modest Credit Fundamentals</title> 
         <description>Moody's has affirmed the following ratings of the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LBP). These are the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17112</link>
         <pubDate>Wed, 11 Jan 2012 10:52:43 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17112</guid>
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         <title>GM Financial Rating Raised due to Improving Financial Performance</title> 
         <description>Standard &amp; Poor's (S&amp;P) has raised its long-term issuer credit rating on General Motors Financial (GM Financial) to BB from B+. It also raised the ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17102</link>
         <pubDate>Tue, 10 Jan 2012 11:06:22 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17102</guid>
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         <title>Thailand's Ratings Reflect Medium Economic Strength</title> 
         <description>Moody's current ratings on Thailand are: long-term issuer (domestic and foreign currency) ratings of Baa1; senior unsecured (domestic and foreign currency) ratings of Baa1; senior ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17101</link>
         <pubDate>Tue, 10 Jan 2012 11:05:36 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17101</guid>
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         <title>Cambodia's Credit Ratings Reflect Structurally Narrow Economy</title> 
         <description>Moody's current ratings on Cambodia are: long-term issuer (domestic and foreign currency) ratings of B2. Cambodia's B2 government bond rating is based on Moody's assessment ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17100</link>
         <pubDate>Tue, 10 Jan 2012 11:04:55 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17100</guid>
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         <title>Papua New Guinea's Ratings Based on Weak Economic Strength</title> 
         <description>Moody's current ratings on Papua New Guinea (PNG) are: long-term Issuer (domestic and foreign currency) ratings of B1. These ratings are based on the country's ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17099</link>
         <pubDate>Tue, 10 Jan 2012 11:04:11 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17099</guid>
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         <title>Five Spanish Caja Banks' Ratings due to Spain's Weak Economic Environment</title> 
         <description>Fitch Ratings has downgraded the long-term issuer default ratings (IDR) of Banco Mare Nostrum (BMN) and Banca Civica to BBB from BBB+, and Banco Grupo ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17098</link>
         <pubDate>Tue, 10 Jan 2012 11:03:32 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17098</guid>
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         <title>Hungary's Ratings Downgraded due to Fiscal Financing Pressure </title> 
         <description>Fitch Ratings has downgraded Hungary's long-term foreign and local currency issuer default ratings (IDR) by one notch to BB+ and BBB-, from BBB- and BBB ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17088</link>
         <pubDate>Mon, 09 Jan 2012 10:32:24 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17088</guid>
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         <title>Volvo Auto Bank Downgraded due to Limited Future Business Strategy</title> 
         <description>Moody's has downgraded the long-term deposit ratings of Volvo Auto Bank Deutschland (VAB) by one notch to Ba3 from Ba2. In addition, its bank financial ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17087</link>
         <pubDate>Mon, 09 Jan 2012 10:31:42 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17087</guid>
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         <title>Three Egyptian Banks Downgraded Following Sovereign Ratings Action</title> 
         <description>Fitch Ratings has downgraded Egypt-based National Bank of Egypt (NBE), its wholly-owned subsidiary, National Bank of Egypt UK (NBEUK), and Egypt-based Commercial International Bank's (CIB) ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17080</link>
         <pubDate>Fri, 06 Jan 2012 10:30:01 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17080</guid>
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         <title>Ukraine's Negative Outlook due to Volatile Economic Growth</title> 
         <description>Ukraine's B2 sovereign bond ratings with a negative outlook incorporate a 'low' economic strength assessment based on low per capita gross domestic product (GDP), a ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17079</link>
         <pubDate>Fri, 06 Jan 2012 10:29:14 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17079</guid>
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         <title>Dominican Republic's Rating Reflects Low Economic Financial Strength </title> 
         <description>The Dominican Republic's B1 sovereign rating reflects the country's low economic, institutional, and government financial strength, and moderate susceptibility to event risk, according to a ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17078</link>
         <pubDate>Fri, 06 Jan 2012 10:27:49 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17078</guid>
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         <title>Al Ahli Bank of Kuwait Affirmed due to Sovereign Support Probability</title> 
         <description>Fitch Ratings has affirmed Al Ahli Bank of Kuwait's (ABK) long-term issuer default rating (IDR) at A- and viability rating (VR) at bb+. The outlook ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17077</link>
         <pubDate>Fri, 06 Jan 2012 10:25:58 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17077</guid>
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         <title>Banco Cruzeiro do Sul Placed on Downgrade Review Following Acquisition </title> 
         <description>Moody's has placed on review for possible downgrade all ratings assigned to Banco Cruzeiro do Sul (BCSul), including the D- bank financial strength rating (BFSR), ....</description>
         <link>http://www.gtnews.com/ratings.cfm?id=17067</link>
         <pubDate>Thu, 05 Jan 2012 10:20:14 GMT</pubDate>
         <guid>http://www.gtnews.com/ratings.cfm?id=17067</guid>
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