...March 6, 2025 - We expect Aozora Bank's asset quality and profitability to improve, while it remains vulnerable to uncertainty persisting in its operating environment. - It may take time for the bank to restore its profit-generating capacity as competition among Japanese peers intensifies in the higher interest rate environment in Japan. - We affirmed Aozora Bank's long-term and short-term issuer credit ratings at '###/A-2'. - Our outlook on the Japan-based bank remains negative, reflecting our view that the bank's financial flexibility could weaken. TOKYO (S&P Global Ratings) March 6, 2025--S&P Global Ratings today said it has affirmed its '###' long-term issuer credit and long-term senior unsecured issue credit ratings, and its 'A-2' short-term issuer credit rating on Japan-based Aozora Bank Ltd. Our outlook on the bank remains negative. We affirmed our rating on the bank based on our view that improving business conditions will endure. The bank's asset quality is improving. It has addressed...
