Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Bank of Oklahoma apologizes for "delaying direct deposits"
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="SlugSlinger" data-source="post: 4092690" data-attributes="member: 7248"><p>TULSA, Okla. − Credit agency Moody's has downgraded Bank of Oklahoma's creditworthiness. </p><p></p><p>Bank of Oklahoma (BOK) Financial is one of the largest banks in Oklahoma and one of the largest employers in the Tulsa Metro area. </p><p></p><p>Nine other regional banks across the country are also being downgraded by the agency. </p><p></p><p>The credit agency says it is concerned high-interest rates could impact consumer confidence, and in return, could also create the possibility for new financial losses as customers could struggle to pay back their loans. </p><p></p><p>BOK released the following statement in response to the downgrade.</p><p></p><p><em>Moody’s rating action was driven in large part due to macro factors that influence the broader Banking industry rather than factors specific to BOK Financial, as seen in Moody’s report and shown by the large number of rating actions they took across the Banking industry. BOKF’s profitability remains strong, paired with our robust capital and liquidity levels and attractive geographic footprint, we are positioned well to compete and grow going forward. We remain well into the investment grade category of credit ratings from Moody’s, Fitch, and S&P, with Fitch and S&P recently affirming our ratings. We don’t expect this to have a material impact on our company.</em></p><p></p><p>- Bank of Oklahoma Financial </p><p></p><p>[URL unfurl="true"]https://www.fox23.com/news/bank-of-oklahoma-financial-has-been-downgraded-by-moodys-investors-service/article_e9f9d9c8-3644-11ee-9c0f-ef4fa2e2e065.html?utm_campaign=trueanthem&utm_medium=trueanthem&utm_source=facebook&fbclid=IwAR141kw-FTRC59xoy7KK1d1OkWajgv0VuDKbNt_izHKPkvdKsnUn4bh6DWM[/URL]</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 4092690, member: 7248"] TULSA, Okla. − Credit agency Moody's has downgraded Bank of Oklahoma's creditworthiness. Bank of Oklahoma (BOK) Financial is one of the largest banks in Oklahoma and one of the largest employers in the Tulsa Metro area. Nine other regional banks across the country are also being downgraded by the agency. The credit agency says it is concerned high-interest rates could impact consumer confidence, and in return, could also create the possibility for new financial losses as customers could struggle to pay back their loans. BOK released the following statement in response to the downgrade. [I]Moody’s rating action was driven in large part due to macro factors that influence the broader Banking industry rather than factors specific to BOK Financial, as seen in Moody’s report and shown by the large number of rating actions they took across the Banking industry. BOKF’s profitability remains strong, paired with our robust capital and liquidity levels and attractive geographic footprint, we are positioned well to compete and grow going forward. We remain well into the investment grade category of credit ratings from Moody’s, Fitch, and S&P, with Fitch and S&P recently affirming our ratings. We don’t expect this to have a material impact on our company.[/I] - Bank of Oklahoma Financial [URL unfurl="true"]https://www.fox23.com/news/bank-of-oklahoma-financial-has-been-downgraded-by-moodys-investors-service/article_e9f9d9c8-3644-11ee-9c0f-ef4fa2e2e065.html?utm_campaign=trueanthem&utm_medium=trueanthem&utm_source=facebook&fbclid=IwAR141kw-FTRC59xoy7KK1d1OkWajgv0VuDKbNt_izHKPkvdKsnUn4bh6DWM[/URL] [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Bank of Oklahoma apologizes for "delaying direct deposits"
Search titles only
By:
Top
Bottom
