News & Credit Rating Announcements
07 October 2019 | Country: China | Bank: Bank of Communications
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Bank of Communications - LT FCR Lowered; Outlook is Stable
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has lowered the Long-Term Foreign Currency Rating (LT FCR) of Bank of Communications (BoCom) to 'A-' from 'A' and affirmed the Short-Term Foreign Currency Rating (ST FCR) at 'A1'. The Outlook for both ratings is Stable. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'bbb-', also with a Stable Outlook, a Core Financial Strength (CFS) rating of 'bbb-' and an Extraordinary Support Level (ESL) of Very High.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (China, Bank of Communications)
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