Moody's Ratings (Moody's) has completed a periodic review of the ratings of Zenith Bank Plc and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 12 December 2024 in which we reassessed the appropriateness of the ratings in the context o...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Zenith Bank Plc. Global Credit Research- 22 Jun 2021. London, 22 June 2021-- Moody's Investors Service has completed a periodic review of the ratings of Zenith Bank Plc and other ratings that are associated with the same analytical unit.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Zenith Bank Plc. Global Credit Research- 08 Jul 2020. Limassol, July 08, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Zenith Bank Plc and other ratings that are associated with the same analytical unit.
When assessing the investment case for FM and small EM banks, the macro and company-specific outlook is clearly paramount. But, other things being equal, we believe investors should feel comfortable paying higher multiples for banks that: 1. have stricter accounting frameworks; 2. operate in markets with stringent regulations; and 3. have bigger cushions over regulatory minimums. In this report, we compare bank regulations across 17 FM and small EM markets, and consider accounting standards, B...
63% of our coverage universe has reported so far. Q3 profits are up 19% yoy, with the strongest growth delivered in Pakistan (+40% yoy) and Ghana (+34% yoy). Bank profits in Bangladesh fell 17%. At the stock level, fastest earnings growth was at STB VN (+374%, low Q3 18 earnings base and strong top line growth), HBL PA (+192% on higher margins, better fee income and FX gains) and SCB GN (+87% yoy, lower impairment charge). Most of our Bangladesh banks coverage posted yoy earnings declines.
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