Moody's Ratings (Moody's) has downgraded Chong Hing Bank Limited (Chong Hing)'s long-term foreign currency and local currency deposit ratings to Baa2 from Baa1. We have also downgraded Chong Hing's Baseline Credit Assessment (BCA) and Adjusted BCA to baa3 from baa2, long-term and short-term Counte...
Rating Action: Moody's affirms Chong Hing Bank's ratings; outlook remains stable. Global Credit Research- 24 Sep 2021. Hong Kong, September 24, 2021-- Moody's Investors Service has affirmed Chong Hing Bank Limited's long-term deposit ratings at Baa1.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Chong Hing Bank Limited. Global Credit Research- 04 Jun 2021. Hong Kong, June 04, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Chong Hing Bank Limited and other ratings that are associated with the same analytical unit.
Rating Action: Moody's assigns Ba2 rating to Chong Hing Bank's proposed Additional Tier 1 securities drawdown. Global Credit Research- 24 Jul 2020. Hong Kong, July 24, 2020-- Moody's Investors Service has assigned a Ba2 rating to Chong Hing Bank Limited's proposed USD-denominated, perpetual, non-cumulative and subordinated Additional Tier 1 securities with point of non-viability loss absorption features to be drawn down under the medium-term note program.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Chong Hing Bank Limited. Global Credit Research- 14 Jul 2020. Hong Kong, July 14, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Chong Hing Bank Limited and other ratings that are associated with the same analytical unit.
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