Research Update: Outlooks On TS FHC And Bank Subsidiaries Revised On Stabilizing Group Credit Profile; Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: Outlooks On TS FHC And Bank Subsidiaries Revised On Stabilizing Group Credit Profile; Ratings Affirmed

Research Update: Outlooks On TS FHC And Bank Subsidiaries Revised On Stabilizing Group Credit Profile; Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: Outlooks On TS FHC And Bank Subsidiaries Revised On Stabilizing Group Credit Profile; Ratings Affirmed
Published Oct 28, 2026
Published Oct 28, 2026
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We assess that the consolidated credit profile of Taiwan-domiciled TS Financial Holding Co. Ltd. (TS FHC) group has stabilized following the improved stand-alone credit profile (SACP) of Shin Kong Life Insurance Co. Ltd. which holds a significant weighting in the group credit profile We also believe the TS FHC group will effectively manage the post-merger integration of key operating subsidiaries over the next two years. This should help alleviate the pressure on the group credit profile following the merger with the financially weaker Shin Kong Financial Holding Co. Ltd. (Shin Kong FHC) group. We therefore revised the rating outlook for TS FHC to stable from negative to reflect our view that the group will largely retain its credit profile with

  
Report Type:

Research Update

Sector
Global Issuers, Structured Finance
Format:
PDF Adobe Acrobat
Buy Now

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. "Research Update: Outlooks On TS FHC And Bank Subsidiaries Revised On Stabilizing Group Credit Profile; Ratings Affirmed" Oct 28, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Outlooks-On-TS-FHC-And-Bank-Subsidiaries-Revised-On-Stabilizing-Group-Credit-Profile-Ratings-Affirmed-3651194>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Outlooks On TS FHC And Bank Subsidiaries Revised On Stabilizing Group Credit Profile; Ratings Affirmed Oct 28, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Outlooks-On-TS-FHC-And-Bank-Subsidiaries-Revised-On-Stabilizing-Group-Credit-Profile-Ratings-Affirmed-3651194>
  
US$ 225.00
$  £  €
Have a Question?

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

More Research

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