Orix's Sale of Banking Division Has No Credit Impact, S&P Says

-- Orix's (TYO:8591) sale of its banking segment should not impact its creditworthiness, S&P Global Ratings said in a Tuesday release.

The Japan-based company plans to sell its subsidiary Orix Bank to Daiwa Next Bank, a subsidiary of Daiwa Securities Group (TYO:8601), for about 370 billion yen.

The banking segment comprises only about 5% of the group's risk-weighted assets, according to S&P's analysis.

Meanwhile, the sale will result in about 124.2 billion yen in pre-tax gain, the rating agency said.

S&P expects the company to maintain a risk-adjusted capital ratio between 9% and 10% for the next two years with the sale's completion.

Following the sale, the group will further reallocate capital toward more profitable pursuits and business expansion, S&P said.

AlphaMena上调Kingdom Holding的目标股价，维持“增持”评级

AlphaMena周二将沙特阿拉伯王国控股公司（SASE:4280）的目标股价从12.30里亚尔上调至12.40里亚尔，并维持“增持”评级。（报道北美、亚洲和欧洲主要银行及研究机构的股票、商品和经济研究。研究机构可通过以下链接联系我们：https://www..com/contact-us）

$SASE:4280

法国巴黎银行首次对Molten Ventures进行评级，并给予“跑赢大盘”评级。

法国巴黎银行周一首次对英国风险投资集团Molten Ventures（股票代码：GROW.L，GRW.IR）进行评级，给予“跑赢大盘”评级，目标价为6.80英镑。（报道北美、亚洲和欧洲主要银行及研究机构的股票、商品和经济研究。研究机构可通过以下链接联系我们：https://www..com/contact-us）

$GROW.L$GRW.IR

Ubhar Capital Oman 上调 Mobily PT 评级，维持买入评级。

周一，Ubhar Capital Oman 将沙特移动通信公司 Etihad Etisalat（SASE：7020，旗下品牌 Mobily）的目标股价从 79.10 沙特里亚尔上调至 83.30 沙特里亚尔，并维持“买入”评级。（报道北美、亚洲和欧洲主要银行及研究机构的股票、商品和经济研究。研究机构可通过以下链接联系我们：https://www..com/contact-us）

$SASE:7020

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AlphaMena上调Kingdom Holding的目标股价，维持“增持”评级

法国巴黎银行首次对Molten Ventures进行评级，并给予“跑赢大盘”评级。

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