Moody’s: Basel II and CRD changes ‘positive for banks' creditworthiness’

Credit rating agency says Basel enhancements will help banks' ratings

ionic-column

Rating agency Moody’s has issued a special comment paper saying changes to Basel II will be “positive for banks’ creditworthiness”.

The paper, issued today, focuses on amendments already introduced, together with statements from the Basel Committee on Banking Supervision in conjunction with the G-20.

Entitled Recent changes to Basel II and the EU CRD: Roadmap for investors ahead of the Pittsburgh G-20 meeting, the paper highlights the role of the amendments proposed by the Basel Committee in Jan

To continue reading...