First Commercial Bank - Moody's Global Credit Research

First Commercial Bank

10 pages (5232 words) — Published Nov 13, 2014
Price $150.00  |  Buy this Report Now

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Brief Excerpt:

...Category Moody's Rating Outlook Stable Bank Deposits A3/P-2 Bank Financial Strength D+ Baseline Credit Assessment ba1 Adjusted Baseline Credit Assessment ba1 Parent: First Financial Holding Company, Ltd. Outlook Stable Issuer Rating Baa1...

Report Type:

Credit Opinion

First Commercial Bank
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First Commercial Bank - Company Profile – 2013/02/26 – $550.00 – ...First Commercial Bank (FCB) is Taiwan's fifth-largest bank in terms of total assets and loans, with market shares of 5.6% and 6.3%, respectively, as of 30 September 2012. As of the same date, the bank reported a consolidated asset base of TWD2.1 trillion (USD71.1 billion). FCB provides a range of retail and corporate banking products, as well as trust services. It operates mainly in Taiwan, with a network of 188 branches as of 30 September 2012. The bank's international operations include 1 overseas business unit, 15 branches, 1 representative office, 2 sub-branches of Phnom Penh branch in Cambodia and a US subsidiary, First Commercial Bank (USA), with 7 branches. FCB was founded in 1899 and privatised in 1998. In January 2003, First Financial Holding Company, Ltd. (First FHC) was incorporated and became FCB's holding company in a share swap arrangement. At that time, FCB became a wholly owned unlisted subsidiary of First FHC, which is listed on the Taiwan Stock Exchange (stock code: 2892)....

Correction to Text, January 31, 2012 Release: Moody's affirms A3 ratings of three banks in Taiwan; downgrades short-term ratings to P-2 from P-1 - Announcement – 2013/02/04 – $150.00 – Global Credit Research Announcement 4 FEB 2013 Announcement: Chang Hwa Commercial Bank Correction to Text, January 31, 2012 Release: Moody's affirms A3 ratings of three banks in Taiwan; downgrades short-term ratings to P-2 from P-1...

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Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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Moody's Global Credit Research. "First Commercial Bank" Nov 13, 2014. Alacra Store. Mar 03, 2015. <>
Moody's Global Credit Research. (). First Commercial Bank Nov 13, 2014. New York, NY: Alacra Store. Retrieved Mar 03, 2015 from <>
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