China Merchants Bank - 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 (ST FCR) of China Merchants Bank (CMB) at 'BBB' and 'A2', respectively'. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'bbb-', a Core Financial Strength (CFS) rating of 'bbb-' and an Extraordinary Support Level (ESL) of Moderate. The Outlook for the ratings is Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (China, China Merchants Bank Company Limited)
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