Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Bank of China Ltd.

Bulletin: Bank of China Ltd. And Bank of China (Hong Kong) Ratings Unaffected By Proposed Increase Of Shareholding

Published Apr 01, 2009

509 words — Published Apr 01, 2009

Price Free | Buy this Report Now

About This Report

Abstract:

HONG KONG (Standard&Poor's) April 1, 2009--Standard&Poor's Ratings Services said today that its ratings on Bank of China Ltd. (A-/Stable/A-2) and Bank of China (Hong Kong) Ltd. (BOCHK; A-/Stable/A-2) are not affected by Bank of China's proposal to raise its stake in BOC Hong Kong (Holdings) Ltd. (not rated). In our view, the proposed transaction would be rating neutral as it is unlikely to affect the credit profiles of the rated banks. It could, however, have a marginally negative impact on Bank of China's capitalization. Bank of China plans to raise its shareholding in BOC Hong Kong--the intermediary holding company between Bank of China and BOCHK--via the secondary market within the next 12 months. Bank of China

Brief Excerpt:

RESEARCH Bulletin: Bank of China Ltd. And Bank of China (Hong Kong) Ratings Unaffected By Proposed Increase Of Shareholding Publication date: 01-Apr-2009 Primary Credit Analyst: Ryan Tsang, CFA, Hong Kong (852) 2533-3532; ryan_tsang@standardandpoors.com...

Report Type:

Bulletin

Ticker

3988@HK

Issuer

Bank of China Ltd.

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Public Finance, Structured Finance

Country

China

Region

Latin America

Format:

HTML

Estimate Of Chinese Banks' Gross Problematic Assets Lowered To 25%-40%; China BICRA Maintained In Group 6 – 2009/08/05 – US$ 150.00

Research Update: Estimate Of Chinese Banks' Gross Problematic Assets Lowered To 25%-40%; China BICRA Maintained In Group 6 – 2009/08/05 – US$ 225.00

Bank of China Ltd. – 2009/12/07 – US$ 500.00

Summary: Bank of China Ltd. – 2009/12/07 – US$ 225.00

Bank of China's Proposed RMB5 Billion Notes Issue In Hong Kong Rated 'A-' – 2010/09/14 – US$ 150.00

Bank of China Ltd. – 2008/12/08 – US$ 500.00

Summary: Bank of China Ltd. – 2008/12/08 – US$ 225.00

Bank of China's RMB3 Billion Bonds Issued In Hong Kong Rated 'A-' – 2008/09/24 – US$ 150.00

Bulletin: Bank of China Ltd. Ratings Unaffected By Potential Hit From U.S. Subprime RMBS Exposure – 2008/01/22 – Free

Bank of China Ltd. – 2007/12/27 – US$ 500.00

More from S&P Global Ratings’ Credit Research

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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Bulletin: Bank of China Ltd. And Bank of China (Hong Kong) Ratings Unaffected By Proposed Increase Of Shareholding" Apr 01, 2009. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Bank-of-China-Ltd-And-Bank-of-China-Hong-Kong-Ratings-Unaffected-By-Proposed-Increase-Of-Shareholding-713077>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: Bank of China Ltd. And Bank of China (Hong Kong) Ratings Unaffected By Proposed Increase Of Shareholding Apr 01, 2009. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Bank-of-China-Ltd-And-Bank-of-China-Hong-Kong-Ratings-Unaffected-By-Proposed-Increase-Of-Shareholding-713077>

Free

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Residential Mortgage-Backed Securities from one place.