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Investegate |Turkiye Is Bankasi Announcements | Turkiye Is Bankasi: Credit Rating

Investegate |Turkiye Is Bankasi Announcements | Turkiye Is Bankasi: Credit Rating
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Fitch rates Standard Chartered Bank Vietnam "BB" with stable outlook


Fitch rates Standard Chartered Bank Vietnam “BB” with stable outlook
08:00 | 20/12/2020
Standard Chartered Bank Vietnam has announced that it has obtained a first-time rating from Fitch at BB and BBB- for its long-term issuer default foreign currency rating and local currency rating respectively. The outlooks on these ratings are stable.
These ratings are capped by Fitch’s country ceiling of BB for Viet Nam and would typically represent the highest possible rating for a bank operating in Viet Nam. - Photo thitruongtaichinhtiente.vn
Fitch’s ratings are driven by its expectation of support from the UK-based parent, Standard Chartered PLC, for the Vietnamese subsidiary which the group fully owns. These ratings are capped by Fitch’s country ceiling of BB for Viet Nam and would typically represent the highest possible rating for a bank operating in Viet Nam. ....

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