{"id":82000,"date":"2014-12-02T10:57:23","date_gmt":"2014-12-02T10:57:23","guid":{"rendered":"https:\/\/armbanks.am\/2014\/12\/02\/241883\/"},"modified":"2024-12-15T13:14:48","modified_gmt":"2024-12-15T13:14:48","slug":"bank-of-tokyo-mitsubishi-among-japan-banks-cut-by-moodys-bloomberg","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/12\/02\/82000\/","title":{"rendered":"Bank of Tokyo-Mitsubishi among Japan Banks cut by Moody\u2019s &#8211; Bloomberg"},"content":{"rendered":"<p><strong>YEREVAN, December 2. \/ARKA\/.<\/strong> Mitsubishi UFJ Financial Group Inc. (8306) units were among five Japanese lenders downgraded by Moody\u2019s Investors Service today after it cut the nation\u2019s credit rating.<\/p>\n<p>Bank of Tokyo-Mitsubishi UFJ Ltd. and Mitsubishi UFJ Trust and Banking Corp., part of Japan\u2019s biggest banking group, were lowered one level to A1 with a stable outlook, Moody\u2019s said in a statement. Sumitomo Mitsui Banking Corp. (8316), Shizuoka Bank Ltd. and Chugoku Bank Ltd. also had their long-term debt ratings cut.<\/p>\n<p>Moody\u2019s yesterday lowered Japan\u2019s rating to A1, the fifth-highest grade, citing uncertainty over whether Prime Minister Shinzo Abe\u2019s administration will achieve its deficit-reduction goals and succeed in boosting growth. Investors will be watching whether Standard &amp; Poor\u2019s follows suit, said credit analyst Yusuke Ueda.<\/p>\n<p>\u201cThere may be risk that transaction terms in the derivative markets will deteriorate and overseas funding costs may rise for the lenders\u201d if S&amp;P acts, Ueda, who works at Bank of America Corp. in Tokyo, said by phone today.<\/p>\n<p>S&amp;P rates Japan at AA-, equivalent to the Aa3 level at Moody\u2019s before the reduction. Fitch Ratings has Japan at A+, matching Moody\u2019s. \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mitsubishi UFJ Financial Group Inc. (8306) units were among five Japanese lenders downgraded by Moody\u2019s Investors Service today after it cut the nation\u2019s credit rating<\/p>\n","protected":false},"author":1,"featured_media":156873,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15860,13794,15724],"class_list":{"0":"post-82000","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-bloomberg-3","10":"tag-japan-bank","11":"tag-mitsubishi-2"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/82000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=82000"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/82000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/156873"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=82000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=82000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=82000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}