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9 Dec 2019
Moody's: 2020 outlook for APAC banks is negative
Reuters cites key highlights from the latest Moody’s Investors Service report on the outlook for the Asia Pacific (APAC) banks for the next year.
Key Quotes:
There will be weaker economic and trade conditions, which will lead to moderate increases in problem loans for the banks.
The US-China trade dispute is the key risk.