“The government has to decide what their role is. Are they going to be shareholders of the banks or are they going to be regulators? It is quite difficult to be both.”
“Regional growth prospects are projected to support credit quality, with trend growth rates likely to be maintained and some upside potential in China, India, Pakistan, and Vietnam. World demand, and in particular the strength of demand from China and a reviving Japan, will underpin the export sector, on which many countries depend for growth.”
“There are some political uncertainties and this is unfortunate. If this remains unresolved, it could impact policy and reform efforts. It could induce negative sentiment.”
“If you look at what most other money going into China is earning, it is not that inefficient. If you don't invest in U.S. bonds, what do you invest in?”
“This report brings together our latest thinking on the key developments and credit outlooks of the major financial services sectors in Taiwan. This report also addresses the rating implications of the emergence of financial holding company (FHC) groups since late 2001.”
“A rating upgrade can be considered only if the debt burden keeps reducing, not just through revenue growth, but also through expenditure improvement.”
