United Capital Bank’s National Ratings Upgraded

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has raised the National Scale Long-Term Rating of United Capital Bank (UCB) to 'suA-'  from 'suBBB-' and the National Scale Short-Term Rating to 'suA2' from 'suA3'. At the same time, CI Ratings has affirmed UCB's Long- and Short-Term Foreign Currency Ratings (FCRs) of 'C+' and 'C', respectively, and the Financial Strength Rating (FSR) of 'B'. The Support Rating of '4' and the 'Negative' Outlook of all the ratings are also affirmed.

Attachments

• View Credit Rating Announcement (CRA)
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