Report
EUR 235.08 For Business Accounts Only

CTBC Financial Holding Co., Ltd.: Update to credit analysis

Our credit view of CTBC Financial, reflecting the structural subordination of the financial holding company's creditors to those of its bank and insurance subsidiaries.
Underlying
CTBC Financial Holding Company Ltd.

Chinatrust Chinatrust Financial Holding Company is engaged in the provision of integrated financial services to its customers. Co.'s businesses are divided into the following three categories: retail banking, consumer finance and institutional banking. Through its subsidiaries, Co. is also engaged in property and casualty insurance, life insurance, securities services, consulting services, venture capital investment, brokerage and proprietary trading. As of Dec 31 2006, Co.'s total assets amounted to NT$1,706,520,560,000 and total deposits and remittances were NT$1,206,227,508,000.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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