Moody's on UK banks outlook

Author: Giles Coghlan | Category: News

Via reuters

Via reuters
  • UK large domestic bank's assets quality will take hit from COVID-19
  • UK's bank capital to remain strong
  • UK domestic banks profitability to recover from 2021
  • Capiltilization will remain robust 
  • Negative impact of COVID-19 will impact creditworthiness in line with duration and extent of crisis
  • Capital levels will remain stable over the 2020-2022 period broadly in line with end of 2019 levels. 

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