Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
Maria Sharapova reaches Porsche Grand Prix semifinalsSport April 28, 17:50
MOSCOW, December 9. /TASS/. The 2016 outlooks for banking sectors in Russia and most other countries of the Commonwealth of Independent States (CIS) are negative, Fitch Ratings said in a report on Wednesday.
"This reflects the agency's view that lenders' financial metrics are likely to weaken further, as slower economies, weaker currencies and higher interest rates continue to hit asset quality, profitability and capital," the report said.
However, Fitch forecasts at least moderate positive economic growth across most of the region in 2016, which it says "limits downside risks." "Capital cushions are also significant in some markets and banks, providing meaningful buffers to absorb larger loan losses," the agency said.
In end-November Fitch said Russian oil outlook is also negative due to "expectation of continued low oil prices, higher taxes, an end to recent oil production growth and a gradually increasing impact from Western sanctions."