April 28, 2020 / 2:48 AM / a month ago

BRIEF-Fitch Ratings Says Coronavirus Shock No Normal Cyclical Downturn For APAC Banks

April 27 (Reuters) -

* FITCH RATINGS SAYS CORONAVIRUS SHOCK NO NORMAL CYCLICAL DOWNTURN FOR APAC BANKS

* FITCH- BANKS IN CHINA AND INDIA WILL POST THEIR SLOWEST EXPANSION IN DECADES, AND GROWTH IN MANY OTHER ASIAN MARKETS WILL HIT MULTI-YEAR LOWS

* FITCH-EXPECT RECOVERY OF APAC BANKS IN 2021 Source text for Eikon: Further company coverage: [ ]

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