Moody's affirms the ratings of 11 Taiwanese Banks and four financial holding companies
Hong Kong, December 05, 2016-- Moody's Investors Service has today affirmed the deposit ratings and counterparty risk assessment of 11 rated Taiwanese banks. Moody's has also affirmed the issuer ratings of four Taiwanese financial holding companies. At the same time, Moody's has upgraded the baseline credit assessments and adjusted BCAs of First Commercial Bank, Hua Nan Commercial Bank Ltd., and Chang Hwa Commercial Bank to baa2 from baa3, downgraded the BCA of DBS Bank Ltd to ba1...
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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