DEBT watcher Standard and Poor’s Ratings Services said most of the financial institutions in Asia Pacific enjoy a stable outlook but there are risks stemming from the economic slowdown in China and the tighter monetary policy in the United States.
In a report titled “Navigating A Delicate Balance In Asia-Pacific: China Growth, Credit Risk And Increased Market Volatility,” S&P said about 80 percent of the Asia-Pacific region’s financial institutions have a stable outlook.
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