Contents
Resources
- Latest Rating Actions
- Criteria
- Consumer Finance Companies: Rating Attribute Analysis
- Investment Managers: Rating Attribute Analysis
- Large Equipment Leasing: Rating Attribute Analysis
- Financial Regulation
- Decentralised Finance
Trending Topics
- Digital Assets and Cryptocurrency
- ESG
- Short-Term Credit
Fitch Ratings’ coverage of Non-Bank Financial Institutions is growing, with over 700 entities rated globally across 13 different subsectors. Stay up-to-date on the latest research, rating actions and analysis on NBFIs by signing up for periodic updates from Fitch.
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Our Approach
Criteria
Criteria explain our forward-looking ratings approach. Criteria reports identify rating drivers and assumptions, and highlight the scope and limitations of our analysis.
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02Upcoming Events
03Past Webinars
Fitch Solutions
Go Beyond
Make better-informed credit decisions with access to an expanded suite of Non-Bank Financial Institutions research produced by expert Fitch Ratings analysts.
04Videos
Credit Outlook 2024 - Diverging Domestic Prospects to Drive APAC EM Fincos
Credit Outlook 2024 - Diverging Domestic Prospects to Drive APAC EM Fincos
Credit Outlook 2024 - Deteriorating Sector Outlook for Global Investment Managers in 2024
Non-Bank Financial Institutions Rating Criteria - Assigning Issue Ratings (Part 3 of 3)
Non-Bank Financial Institutions Rating Criteria - Assigning Issuer Default Ratings (Part 2 of 3)
Non-Bank Financial Institutions Rating Criteria - Scope & Framework (Part 1 of 3)
Multiple Headwinds Will Slow U.S. Consumer Spending in 1H24
Canadian Pension Funds to Weather Challenging Operating Environment
China’s Recovery Reduces Risks to APAC Sector Mid-Year Outlooks
China’s Evolving Financial Holding Companies Regulation Curtails Risks
Indian NBFIs’ Buoyant Risk Appetites Could Carry Long-Term Risks
China’s Financial Regulatory Overhaul Aims to Bridge Regulatory Gaps
U.S. Bank Fallout Extends to Various Non-Bank Financial Sectors
Credit Outlook 2023 - Continued Domestic Growth, Adequate Liquidity Support APAC Emerging-Market Fincos
Credit Outlook 2023 - Macro Backdrop to Challenge Asset Values, Credit Quality for North American FinCos
Credit Outlook 2023 - Developed and Emerging Europe Finco Outlook Deteriorating as Rates Rise Funding Tightens
Credit Outlook 2023 - Investment Managers Face Tough Investment Climate in 2023
Vietnam’s Policy Tightening Heightens Property Sector Refinancing Risk
China Accelerates NPL Resolution to Mitigate Risks at Smaller Banks
U.S. Buy Now Pay Later Challenged by Rising Credit and Funding Costs
India’s Fintech Regulation Set to Tighten Further
2022 Mid-Year Outlook - Inflation, Rate Rises, Stagflation Undermine Sector Outlooks
Decentralised Finance May Divide into Regulated and Unregulated
Chinese Developers’ Funding
2022 Credit Outlook - Economic Recoveries Drive Global Financial Sector Outlooks in 2022
SME and Microfinance Stress to Raise NPLs for Indian NBFIs
2022 Credit Outlook - North American and European Securities Firms Outlooks Neutral for 2022
2022 Credit Outlook - Pro-Cyclical Postures and Rate Views May Test Financial Policies
2022 Credit Outlook - Global Investment Managers Resilient to 2022 Challenges
2022 Credit Outlook - Neutral US BDC Outlook Driven by Solid Financial Profiles
South-East Asia Fintechs’ Path to Profitability Key as Adoption Gains Pace
Global Non-Bank Financial Institutions Footprint
Regulatory Risk a Key Factor Influencing Chinese Internet Issuers’ Credit Profiles
Central Bank Digital Currencies May Disrupt Financial Systems
Rating Outlooks for Financial Institutions Begin to Stabilize
China’s Fintech Evolves on Fast Track, Diversified Applications
China’s Tougher Online Loan Rules Unlikely to Hurt Rated Banks
The Rise of Consumer Finance in China to Bolster Consumption
Chinese Securities Firms Enjoy High Profitability vs APAC Peers
China Shadow-Financing Sector Faces Rising Asset Impairment
Lure of Higher Inflows to Fuel ESG Fund Launches Post-Coronavirus
U.S. Financials See Rising Risk from Cash Products Amid Libor Sunset
Credit Outlook 2020 - Q&A: What's in Store for Credit in 2020?
Credit Outlook 2020: Outlook for Credit Quality in a Global Slowdown
Credit Outlook 2020: Fitch's Approach to ESG
2019 Milken Institute Asia Summit - China: Pathways to Prosperity in an Uncertain Era
2019 Global Banking Conference HK – Shadow Banking Risks in APAC
2019 Global Banking Conference HK – How ESG Risk Influence Financial Institutions’ Ratings
2019 Late Cycle Roundtable – What Peak Cycle Conditions and Economic Deceleration Means for U.S. Leveraged Finance
2019 Global Banking Conference NY – Corporate/Commercial Credit Risks
FT-Fitch Global Banking Conference - China has shown a decrease in shadow financing, will this trend continue?
FT-Fitch Global Banking Conference - How does China view Shadow Banking and does it compare to the US?
FT Live - Countering Challenges to be on Top - Banks vs. The Disruptors
We cover over 700 NBFI entities
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Fitch Solutions
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Make confident credit risk decisions beyond the rated universe, with standardized and timely data plus workflow-enhancing analytical tools.
Fitch Learning
Live Online Non-Bank Financial Institutions Courses
Keep your skills current with one of Fitch Learning's live online non-bank financial institutions courses. Places are limited.
Credit Encyclopedia Series: Decentralised Finance
Our comprehensive guide covers everything from the characteristics of the DeFi ecosystem, the ratings considerations, key risk factors and regulatory considerations in the space, and more.
Learn More05Sector Analysts
Jonathan Lee
Non Banks - APAC
Managing Director
+886 2 8175 7601 |
Christian Kuendig
Non Banks – EMEA
Managing Director
+44 20 3530 1399 |
Alejandro Garcia
Financial Institutions - LATAM
Managing Director
+1 212 908 9137 |
Meghan Neenan
Non Banks – North America
Managing Director
+1 212 908 9121 |
Nathan Flanders
Non Banks – North America
Global Head
+1 212 908 0827 |
06Business Contacts
Jose Santos
Global Head of Financial Institutions
Business & Relationship Management
+34 93 323 9044 |
Erwin Van Lümich
Global Head of Non-Bank Financial Institutions
Managing Director
+34 93 323 8403 |
Brian Harris
Head of North America Non-Bank Financial Institutions
Managing Director
+1 646 582 4501 |
Ivy Chen
BRM Regional
Country Head
+8862 81757618 |
Diego Alcazar
Head of Financial Institutions - LATAM
Senior Director
+1 212 908 0396 |