Moody's affirms Bank of China (New Zealand) Limited's A1 ratings following updated guarantee
Rating Action: Moody's affirms Bank of China Limited's A1 ratings following updated guarantee. Global Credit Research- 29 Oct 2021. Sydney, October 29, 2021-- Moody's Investors Service has affirmed Bank of China Limited's long-term and short-term issuer and deposit ratings of A1/P-1, backed senior unsecured medium-term note program rating of A1 and backed senior unsecured rating of A1.BANK OF CHINA LIMITED is a China-based commercial bank. The Bank is mainly engaged in the provision of banking and related financial services, including commercial banking business, investment banking business, insurance business, direct investments and investment management businesses, fund management business and aircraft leasing business, as well as others. The Company mainly provides loans to individual and corporate clients. The Bank mainly operates its businesses in China mainland, Hong Kong, Macau and Taiwan, as well as other countries.
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