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CDIB got Rating B on S&P's Bank Fundamental Strength Ratings

      2005-07-12

Standard & Poor's Ratings Services announced on July 11th that it has assigned Bank Fundamental Strength Ratings (BFSRs) on 110 banks in the Asia-Pacific region, including 23 banks in the Greater China area. The strongest banks, in the Asia-Pacific region, had B+ on BFSRs and CDIB got rating B, the highest rating among Taiwan banks. There are two banks in Taiwan received rating B.
 
BFSRs complement Standard & Poor's counterparty credit ratings (CCR) on banks by providing an indicator of the intrinsic credit profile of the bank. In other words, BFSRs indicate the prospect that a bank would need to seek external assistance in the event of financial distress. The BFSR does not presume any potential capital contribution from the regulator or government.
 
 
 
 

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