Rising rates, margins seen supporting profits as credit conditions normalize
Persistent liquidity constraints and large debt maturities signal that defaults are likely
Government finances seen recovering alongside GDP, policy tightening
Most common governance concern involves concentrated shareholding, decision-making
Banks face asset deterioration, capital depletion, added operational risk
Some European funds suspended redemptions amid a liquidity crunch, Fitch reports
Consumer protection a growing priority for regulators, issuers and investors
Defaults expected to stay low through 2023 despite challenges, Fitch says
A Fitch report said ESG factors are overwhelmingly negative or neutral
Growing headwinds include inflation, declining stimulus