Fitch Ratings agency thinks it would be better to lend to five of the country’s largest banks than the government itself.
This emerged following a surprise move on Tuesday when the ratings agency that assesses the creditworthiness of institutions around the world upgraded the national long-term ratings of the country’s five largest banks by assets to “AA+ ” from “AA "...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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