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S&P Analysts Find Corporates Generally Healthy But Concerns Surfacing

Standard & Poor's Ratings Services recently gave the corporate credit union system an overall solid bill of health but noted that competitive pressures and "isolated cases of increased risk taking" are beginning to cause concern.

By Sarah Snell Cooke | Updated on September 25, 2007

NEW YORK — Standard & Poor’s Ratings Services recently gave the corporate credit union system an overall solid bill of health but noted that competitive pressures and “isolated cases of increased risk taking” are beginning to cause concern.

While corporates’ low risk profile, strong liquidity, and sound financial position will buoy corporates for now, the S&P analysts said concerns over competition and some increased risk “have resulted in our longer-term outlook for the industry turning negative.” However, these concerns were not enough to change any of the current ratings or outlooks for the individual rated corporates.

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