News & Credit Rating Announcements
19 May 2017 | Country: India | Bank: Oriental Bank of Commerce
Sign up here as a Member to view the CRA or to purchase the related report.
Ratings of Oriental Bank of Commerce Affirmed; Outlook Revised to ‘Negative’
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Financial Strength Rating (FSR) of India's Oriental Bank of Commerce (OBC) at 'BB'. The Bank's FSR was revised downwards to this level in May 2016 based on the substantial increase in impaired loans that year, as well as on low coverage ratios and declining profitability parameters at that time.
Attachments
-
View Credit Rating Announcement (CRA)
PDF Download Available
-
Bank Rating Report (India, Oriental Bank of Commerce)
Purchase Available - View price list
Sign up here as a Member to view the CRA or to purchase the related report.