Industrial and Commercial Bank of China - Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Industrial and Commercial Bank of China (ICBC) at 'A' and 'A1', respectively. At the same time, CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'bbb-' and a Core Financial Strength (CFS) rating of 'bbb'. The Stable Outlook for both the LT FCR and BSR reflects our view that the ratings are unlikely to change over the next 12 months.

Attachments

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