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CI Seminars

CI Seminars

News & Credit Rating Announcements

19 May 2015 | Country: India | Bank: Corporation Bank

Corporation Bank - Financial Strength Rating Reduced

Overview

Capital Intelligence (CI), the international credit rating agency, today announced that it has reduced the Financial Strength Rating (FSR) of India's Corporation Bank (Corpbank) to 'BB+' from 'BBB-' mainly due to the increasing impairment of the Bank's capital, as well as weakening asset quality and profitability.

Attachments

  • Credit Rating Announcement (CRA)
    PDF Download Available
  • Bank Rating Report (India, Corporation Bank)
    Purchase Available - View price list


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