Ratings On Six Hong Kong Banks Affirmed Under Revised Criteria - S&P Global Ratings’ Credit Research

Ratings On Six Hong Kong Banks Affirmed Under Revised Criteria

Ratings On Six Hong Kong Banks Affirmed Under Revised Criteria - S&P Global Ratings’ Credit Research
Ratings On Six Hong Kong Banks Affirmed Under Revised Criteria
Published Jan 20, 2022
12 pages (4085 words) — Published Jan 20, 2022
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We have reviewed our ratings on six Hong Kong banks under our revised "Financial Institutions Rating Methodology". We have affirmed the ratings on these banks, and the outlooks are unchanged. HONG KONG (S&P Global Ratings) Jan. 20, 2022--S&P Global Ratings today affirmed its issuer and issue credit ratings on six Hong Kong banks and three of their China subsidiaries. The affirmations follow a revision to our criteria for rating banks and nonbank financial institutions and for determining a Banking Industry Country Risk Assessment (BICRA) (see "Financial Institutions Rating Methodology," published Dec. 9, 2021, and "Banking Industry Country Risk Assessment Methodology And Assumptions," published Dec. 9, 2021). The affirmations cover the following entities: The HongKong and Shanghai Banking Corp. Ltd. (AA-/Stable/A-1+)

  
Brief Excerpt:

...January 20, 2022 - We have reviewed our ratings on six Hong Kong banks under our revised "Financial Institutions Rating Methodology". - We have affirmed the ratings on these banks, and the outlooks are unchanged. HONG KONG (S&P Global Ratings) Jan. 20, 2022--S&P Global Ratings today affirmed its issuer and issue credit ratings on six Hong Kong banks and three of their China subsidiaries. The affirmations follow a revision to our criteria for rating banks and nonbank financial institutions and for determining a Banking Industry Country Risk Assessment (BICRA) (see "Financial Institutions Rating Methodology," published Dec. 9, 2021, and "Banking Industry Country Risk Assessment Methodology And Assumptions," published Dec. 9, 2021). The affirmations cover the following entities: - The HongKong and Shanghai Banking Corp. Ltd. (##-/Stable/A-1+) - HSBC Bank (China) Co. Ltd. (A+/Stable/A-1) - Hang Seng Bank Ltd. (##-/Stable/A-1+) - Hang Seng Bank (China) Ltd. (A+/Stable/A-1) - Bank of China (Hong...

  
Report Type:

Ratings Action

Ticker
HSBCZ@HK
Issuer
Hongkong and Shanghai Banking Corp. Ltd. (The)
GICS
Diversified Capital Markets (40203030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Hong Kong
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On Six Hong Kong Banks Affirmed Under Revised Criteria" Jan 20, 2022. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Six-Hong-Kong-Banks-Affirmed-Under-Revised-Criteria-2782711>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Six Hong Kong Banks Affirmed Under Revised Criteria Jan 20, 2022. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Six-Hong-Kong-Banks-Affirmed-Under-Revised-Criteria-2782711>
  
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