Tai Fung Bank - Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Tai Fung Bank Limited's (TFB) Financial Strength Rating (FSR) at 'BBB', underpinned by its strong ownership, its sound capital adequacy with an above peer group weighted average total capital to total assets ratio, and its good loan asset quality − coupled with a strong effective non-performing loan (NPL) coverage ratio, notwithstanding the sharp rise in both NPLs and the estimated NPL net accretion rate.

Attachments

• Credit Rating Announcement (CRA)
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• Bank Rating Report (Macau, Tai Fung Bank Limited)
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