Summary: SinoPac Securities Corp. - S&P Global Ratings’ Credit Research

Summary: SinoPac Securities Corp.

Summary: SinoPac Securities Corp. - S&P Global Ratings’ Credit Research
Summary: SinoPac Securities Corp.
Published Oct 12, 2018
Published Oct 12, 2018
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Potential financial support from its parent, SinoPac Holdings. Very strong and sustainable capitalization. Higher-than-average risk appetite. Business concentration in the domestic equity market with intrinsic volatility. The stable outlook on SinoPac Securities Corp. reflects our outlook on the parent SinoPac Holdings group. We expect the ratings on SinoPac Securities to move in tandem with the group credit profile of the SinoPac group, given the securities subsidiary's core role to group's long-term strategy. We may lower the long-term issuer credit rating on SinoPac Securities if either of the following occurs: (1) we lower the long-term rating on SinoPac Holdings as well as its key subsidiaries if we assess the group's banking arm, Bank SinoPac, has failed to maintain strong capitalization. A

  
Report Type:

Summary

Ticker
6001@TT
Issuer
GICS
Investment Banking & Brokerage (40203020)
Sector
Global Issuers, Structured Finance
Country
Region
Emerging Markets
Format:
PDF Adobe Acrobat
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SinoPac Securities Corp. – 2018/10/12 – US$ 500.00

SinoPac Securities Corp. – 2017/09/27 – US$ 500.00

Summary: SinoPac Securities Corp. – 2017/09/27 – US$ 225.00

SinoPac Securities Corp. – 2016/09/22 – US$ 500.00

Summary: SinoPac Securities Corp. – 2016/09/22 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: SinoPac Securities Corp." Oct 12, 2018. Alacra Store. Oct 18, 2018. <http://www.alacrastore.com/s-and-p-credit-research/Summary-SinoPac-Securities-Corp-2112742>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: SinoPac Securities Corp. Oct 12, 2018. New York, NY: Alacra Store. Retrieved Oct 18, 2018 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-SinoPac-Securities-Corp-2112742>
  
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