Moodys revises ratings outlooks of big four banks to negative on concern they will run out of cash and limit their capital requirements.
But analysts said investors should not rush to add funds as the risk of a sharp fall in valuations is manageable due to a large base of credit.
Credit growth was around 1% year on year in October, down from a 2% gain in September and well below the average since June 2008, as the economy 바카라remained weak.
Moodys was the first to cut its forecast for the UK economy to 3.4% in 2014, le슬롯 사이트ss than a tenth of the growth forecast of 4.2%.
UK stocks declined 0.7% on Friday despite a weak start, while bond yields climbed at their biggest one-month 보성출장마사지gain in seven years.
Rounding into new territory, RBS said the outlook for the UK’s banks would remain a negative, and it expected the market to be more sensitive to weak growth than previously thought.
Moodys said the banks still had high credit risks but they were « significantly more likely than not » to run out of cash and limits on capital requirements.
The lender will cut its 2013 capitalisation forecasts by 0.5% to 0.7% in the following two years after reducing its last one-month forecast of zero to -0.1%.
Its growth estimate is now for the economy to grow at 2.5% for this year, up from a previous estimate of 2.1%.
Firms are expected to use up to 35bn pounds of new capital in 2014 as the economy grows at a 4.2% rate, while they will use up 28.1bn pounds next year and 22.1bn pounds in 2015.
Britain’s two banks – Barclays (BARC) and HSBC (HSBA) – are expected to hold on to their capital for a total of 18.9bn pounds, falling to a total of 8.4bn pounds by the end of 2016.
The UK stock market closed at a five-month high of 1,173.29 points on Friday, with HSBC up 2.4% and Barclays up 1.3%.
Stocks closed the week at the highest level since January.