Export-Import Bank of China (The) - S&P Global Ratings’ Credit Research

Export-Import Bank of China (The)

Export-Import Bank of China (The) - S&P Global Ratings’ Credit Research
Export-Import Bank of China (The)
Published Dec 03, 2013
2062 words — Published Dec 03, 2013
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Almost certain likelihood of extraordinary government support due to the critical importance of its policy role and integral link with the government. Weak capitalization and profitability. Fast credit growth, leading to risker loan portfolio. The rating on the Export-Import Bank of China (China EXIM) reflects our view that there is an "almost certain" likelihood that the Chinese government would provide timely and sufficient extraordinary support to China EXIM if the bank came under financial distress. We have therefore equalized the issuer credit rating on China EXIM with the sovereign credit rating on China (AA-/Stable/A-1+; cnAAA/cnA-1+). In accordance with our criteria for government-related entities, our rating approach is based on our view of the following China EXIM characteristics: "Integral" link with

  
Brief Excerpt:

RESEARCH Export-Import Bank of China (The) Publication date: 03-Dec-2013 Primary Credit Analyst: Joseph M Leung, Hong Kong 852-2533-3553; joseph.leung@standardandpoors.com Secondary Contact: Qiang Liao, PhD, Beijing (86) 10-6569-2915;...

  
Report Type:

Full Report

Ticker
EIBCZ@CH
Issuer
Export-Import Bank of China (The)
GICS
Specialized Finance (40201040)
Sector
Global Issuers, Structured Finance
Country
China
Region
Emerging Markets
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Export-Import Bank of China (The)" Dec 03, 2013. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Export-Import-Bank-of-China-The-1223008>
  
APA:
S&P Global Ratings’ Credit Research. (). Export-Import Bank of China (The) Dec 03, 2013. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Export-Import-Bank-of-China-The-1223008>
  
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