trending Market Intelligence /marketintelligence/en/news-insights/trending/fvFc4RN21P2vD-GGvIAcVA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fitch upgrades 2 Indonesian banks, affirms others

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Fitch upgrades 2 Indonesian banks, affirms others

Fitch Ratings upgraded the short-term foreign currency issuer default ratings of PT Bank Maybank Indonesia Tbk and PT Bank OCBC NISP Tbk to F2 from F3.

At the same time, the rating agency affirmed the two banks' long-term issuer default ratings at BBB, with stable outlooks. The upgrade of the two banks' short-term ratings reflects Fitch's view that the propensity of parental support for the banks is more certain in the near-term.

Meanwhile, Fitch affirmed PT Bank CIMB Niaga Tbk's long- and short-term issuer default ratings at BBB- and F3, respectively, with a stable outlook. In addition, the national long-term ratings of PT Bank UOB Indonesia at AAA(ind), PT CIMB Niaga Auto Finance at AA(idn), PT Maybank Indonesia Finance at AA+(idn) and PT Wahana Ottomitra Multiartha Tbk at AA-(idn). The national short-term ratings of the four companies were all affirmed at F1+(idn).

The ratings on Maybank Indonesia, Bank OCBC NISP, Bank CIMB Niaga and Bank UOB Indonesia reflect the view that each bank's higher-rated foreign parent has the ability and high propensity to provide timely extraordinary support to its respective unit in Indonesia when needed.