Shanghai Pudong Development Bank - Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short Term (ST) FCR of Shanghai Pudong Development Bank (SPDB or the Bank) at 'BBB+' and 'A2', respectively. At the same time, CI Ratings has affirmed SPDB's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of High. The Outlook for the ratings is Stable.

Attachments

• CI Ratings Announcement (CRA)
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• Bank Rating Report (China, Shanghai Pudong Development Bank)
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