Moody's confirms Fortis Bank's and BGL's A1 long-term ratings - Rating Action - 2009/05/13 - Moody's Global Credit Research

Report title: Moody's confirms Fortis Bank's and BGL's A1 long-term ratings

from Moody's Global Credit Research
2112 word report published May 13, 2009

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Global Credit Research Rating Action 13 MAY 2009 Rating Action: Fortis Bank, Cayman Islands Moody's confirms Fortis Bank's and BGL's A1 long-term ratings Fortis Bank's and BGL's BFSRs confirmed at C-, with negative outlook Paris, May...

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Rating Action

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BGL Societe Anonyme; Fortis Bank (Hong Kong); Fortis Bank S.A./N.V.; ...

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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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