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Capital Intelligence Ratings Ltd.

09/07/2023 | Press release | Distributed by Public on 09/07/2023 02:31

Bank of Communications - Ratings Affirmed with a Stable Outlook

07 September 2023 | Country: China | Bank: Bank of Communications

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 Bank of Communications (BoCom) at 'A-' and 'A1', respectively. At the same time, CI Ratings has affirmed BoCom's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Very High. The Outlook on the ratings remains Stable.

Attachments

  • Rating Announcement (CRA)
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