Moody's affirms ratings of Bank of the West and First Hawaiian Bank; stable outlook
New York, February 02, 2017-- Moody's Investors Service affirmed the ratings of Bank of the West and First Hawaiian Bank. Both banks have long-term deposit ratings of Aa3 and issuer ratings of A3. For each, the baseline credit assessment is a2 and the Counterparty Risk Assessment is A1/ Prime-1.
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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