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22.02.2016 15:24:00
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Moody's: Deepening oil slump raising potential losses for Canadian banks
Toronto, February 22, 2016 -- Falling oil prices will continue to strain the profitability of Canada's largest banks, but their capital is expected to remain unimpaired under the moderate distress scenario modeled by Moody's Investors Service. However, the ratings agency said that under its severe stress scenario, some banks might be required to take capital conservation measures, cut dividends or raise additional equity.
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