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S&P Estimates APAC Banking Sector to Incur ~USD180B More Credit Losses Due to Middle East War
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S&P issued a report warning that a prolonged war in the Middle East would deal a heavy blow to the Asia-Pacific banking sector. Under a downside scenario, credit losses for Asia-Pacific banks could increase by about USD180 billion over the next two years as indirect risks begin to surface. If oil prices rise and supply chains deteriorate, S&P stressed that cumulative credit losses for 2026-27 could even reach USD910 billion. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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