Strong balance sheets keep global banks on stable outlook despite macroeconomic gloom
Moody's Talks - Focus on Finance
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Moody's Talks Podcast - Bank Credit Forecast for 2023
High oil prices and initiatives to diversify the economies away from oil are boosting economic growth there. Banks in Ghana and Kenya have high volumes of domestic sovereign bonds which links the bank to the credit profile of the sovereigns. The sovereigns are under significant pressure due to higher debt accumulated during the pandemic and the increase cost of debt thank you Eduardo well we need to wrap up there uh so many thanks to you Eduardo Rita and Nicholas for your perspectives on bank credit heading into 2023.
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