
Mortgage News
Banks rely on Aussie generosity
Wednesday 21st of March 2012
At a briefing in Auckland yesterday the ratings agency explained its recent changes to its rating methodology, and described how the changes have affected its ratings of New Zealand's deposit taking institutions.
S&P determines its ratings by looking at three factors: 'macro' factors (each company's rating starts from the 'anchor' rating of its home country); company specific factors...
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