ICBC Macau - Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Industrial and Commercial Bank of China (Macau) Limited's (ICBC Macau) Financial Strength Rating (FSR) at 'BBB', underpinned by strong ownership, coupled with the solid total capital adequacy ratio (CAR − Basel II), good loan asset quality which is supported by the more than full loan-loss reserve (LLR) cover for non-performing loans (NPL), and the high effective coverage position.

Attachments

• Credit Rating Announcement (CRA)
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• Bank Rating Report (Macau, Industrial and Commercial Bank of China (Macau) Limited)
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