Why Asia banks' credit profile beats everyone else in the world
Will these strengths persist?
Moody's Investors Service says that the credit profile and rating positioning of Asia's banks continue to compare well with those of other regions.
Most systems in Asia are well capitalized and enjoy a strong profitability buffer, while the assets remain largely funded by domestic deposits, a situation which adds resilience to their liquidity profile.
Here's more from Moody's:
Moody's expects these strengths to persist in 2014, allowing most systems to remain resilient in our base case scenario, which is characterized by the gradual recovery in global growth.
This view is reflected in turn in our average deposit ratings in the region, which, despite a slight decline in recent years, are now positioned above those in other emerging market regions, as well as Europe.