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[SITUATION] · [QUIET] · [BUSINESS]
3 clusters · 12 sources · 10 days · First seen · Last updated
CrediaBank credit rating assessment
Overview
Fitch Ratings assigned CrediaBank a long-term issuer rating of BB with a positive outlook, noting that its deposit ratings were placed at BB+.
The assessment follows a balance sheet cleanup and capital strengthening efforts. Fitch indicated that the acquisition of HSBC Malta is expected to be a “pivotal factor” for the bank’s medium-term credit profile by increasing scale, strengthening geographic diversification, and improving the funding and liquidity profile.
Entities
Fitch Ratings · HSBC Malta · S&P Global Ratings · Malta · An Binh Commercial Joint Stock Bank
Timeline
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[BUSINESS] 2 sourcesCrediaBank receives BB rating with positive outlook from Fitch
Fitch Ratings assigned CrediaBank a BB rating with a positive outlook, noting improved profitability and the strategic impact of its acquisition of HSBC Malta.
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[BUSINESS] 2 sourcesABBank credit ratings upgraded by Moody's to B1
Moody's Ratings upgraded ABBank's long-term deposit and issuer ratings from B2 to B1, maintaining a positive outlook due to improved asset quality and capital strength.
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[BUSINESS] 8 sourcesBAC International Bank achieves investment grade from Fitch Ratings
Fitch Ratings has upgraded BAC International Bank Inc. to investment grade with a BBB- rating, citing its strong business model and regional financial stability.
Sources
abriendobrecha.tv · cafef.vn · confidencialhn.com · elmundo.cr · elmundo.hn · fimotro.gr · flash.gr · hondumedios.hn · observador.cr · thoibaonganhang.vn · ticosland.com · ticoslandia.com