DBS Bank Ltd. 'AA-/A-1+' Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

DBS Bank Ltd. 'AA-/A-1+' Ratings Affirmed; Outlook Stable

DBS Bank Ltd. 'AA-/A-1+' Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
DBS Bank Ltd. 'AA-/A-1+' Ratings Affirmed; Outlook Stable
Published Jun 20, 2016
4 pages (1772 words) — Published Jun 20, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We continue to expect the financial profile of DBS to stay resilient over the next 18-24 months despite challenging external conditions. We are affirming our 'AA-' long-term and 'A-1+' short-term issuer credit ratings and our 'axAAA' long-term and 'axA-1+' short-term ASEAN regional scale ratings on DBS, a Singapore-based bank. The stable outlook on DBS reflects the outlook on the sovereign credit rating on Singapore and our assessment of DBS as a highly systemic important bank in Singapore. SINGAPORE (S&P Global Ratings) June 20, 2016--S&P Global Ratings said today that it had affirmed its 'AA-' long-term issuer credit rating on Singapore-based DBS Bank Ltd. (DBS). The outlook is stable. We also affirmed our 'A-1+' short-term issuer credit rating on the bank.

  
Brief Excerpt:

...+ We continue to expect the financial profile of DBS to stay resilient over the next 18-24 months despite challenging external conditions. + We are affirming our '##-' long-term and 'A-1+' short-term issuer credit ratings and our 'axAAA' long-term and 'axA-1+' short-term ASEAN regional scale ratings on DBS, a Singapore-based bank. + The stable outlook on DBS reflects the outlook on the sovereign credit rating on Singapore and our assessment of DBS as a highly systemic important bank in Singapore. SINGAPORE (S&P Global Ratings) June 20, 2016--S&P Global Ratings said today that it had affirmed its '##-' long-term issuer credit rating on Singapore-based DBS Bank Ltd. (DBS). The outlook is stable. We also affirmed our 'A-1+' short-term issuer credit rating on the bank. At the same time, we affirmed our 'axAAA' long-term and 'axA-1+' short-term ASEAN regional scale ratings on DBS. We also affirmed our '##-' long-term issue rating on DBS' senior unsecured notes, '###' long-term issue rating on...

  
Report Type:

Ratings Action

Ticker
1471Z@SP
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Region
Latin America
Format:
PDF Adobe Acrobat
Buy Now

DBS Bank Ltd. – 2016/07/13 – US$ 500.00

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Summary: DBS Bank Ltd. – 2015/07/28 – US$ 225.00

DBS Bank Ltd. – 2014/07/31 – US$ 500.00

Summary: DBS Bank Ltd. – 2014/07/31 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "DBS Bank Ltd. 'AA-/A-1+' Ratings Affirmed; Outlook Stable" Jun 20, 2016. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/DBS-Bank-Ltd-AA-A-1-Ratings-Affirmed-Outlook-Stable-1659279>
  
APA:
S&P Global Ratings’ Credit Research. (). DBS Bank Ltd. 'AA-/A-1+' Ratings Affirmed; Outlook Stable Jun 20, 2016. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/DBS-Bank-Ltd-AA-A-1-Ratings-Affirmed-Outlook-Stable-1659279>
  
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