S&P Global Ratings published its 2022 midyear global banking outlook on Thursday, July 21. The global banking sector is bracing for tougher tests as economic growth weakens and higher-for-longer inflation affects bank borrowers. For major economies, S&P Global Ratings has lowered its economic forecasts, and inflation is taking center stage in many jurisdictions. The challenge for central banks is whether they can harness inflation expectations without causing a recession. These risks could be difficult for banks to navigate even considering the significant build-up of capital and other buffers over the past decade that will allow the global banking sector to show some resilience at current rating levels.
Leading S&P Global Ratings analysts from the Financial Institutions team held a live interactive webinar on Wednesday, July 27, where they discussed the 2022 midyear global banking outlook further.
Alex Birry, Chief Analytical Officer
Emmanuel Volland, Senior Director
Mohamed Damak, Senior Director
Geeta Chugh, Senior Director
Ming Tan, Director
Ryoji Yoshizawa, Senior Director
Elena Iparraguirre, Director
Gavin Gunning, Senior Director
Please click on the links below to read the full reports which include one-page banking outlooks for each of the 84 banking jurisdictions covered globally by S&P Global Ratings: