ICBC - Ratings Affirmed with a Stable Outlook

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 Foreign Currency Rating (ST FCR) of Industrial and Commercial Bank of China (ICBC or the Bank) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed ICBC's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) of 'bbb' and Extraordinary Support Level (ESL) of Very High. The Outlook for the LT FCR and BSR is Stable.

Attachments

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