Singapore Banks Ratings Affirmed Under Revised Criteria - S&P Global Ratings’ Credit Research

Singapore Banks Ratings Affirmed Under Revised Criteria

Singapore Banks Ratings Affirmed Under Revised Criteria - S&P Global Ratings’ Credit Research
Singapore Banks Ratings Affirmed Under Revised Criteria
Published Jan 20, 2022
8 pages (2675 words) — Published Jan 20, 2022
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About This Report

  
Abstract:

We have reviewed our ratings on Singapore banks under our revised criteria. We have affirmed all ratings on these banks and their overseas subsidiaries. Our outlooks are unchanged. SINGAPORE (S&P Global Ratings) Jan. 20, 2022--S&P Global Ratings today affirmed its issuer and issue credit ratings on four Singapore banks and three of their overseas 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: DBS Bank Ltd. (AA-/Stable/A-1+) DBS Bank (Hong Kong) Ltd. (AA-/Stable/A-1+) DBS Bank

  
Brief Excerpt:

...January 20, 2022 - We have reviewed our ratings on Singapore banks under our revised criteria. - We have affirmed all ratings on these banks and their overseas subsidiaries. Our outlooks are unchanged. SINGAPORE (S&P Global Ratings) Jan. 20, 2022--S&P Global Ratings today affirmed its issuer and issue credit ratings on four Singapore banks and three of their overseas 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: - DBS Bank Ltd. (##-/Stable/A-1+) - DBS Bank (Hong Kong) Ltd. (##-/Stable/A-1+) - DBS Bank (China) Ltd. (A+/Stable/A-1) - Oversea-Chinese Banking Corp. Ltd. (##-/Stable/A-1+) - OCBC Wing Hang Bank (China) Ltd. (A+/Stable/A-1)...

  
Report Type:

Ratings Action

Ticker
1471Z@SP
Issuer
DBS Bank Ltd.
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Singapore
Region
Latin America
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Singapore Banks Ratings Affirmed Under Revised Criteria" Jan 20, 2022. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Singapore-Banks-Ratings-Affirmed-Under-Revised-Criteria-2782771>
  
APA:
S&P Global Ratings’ Credit Research. (). Singapore Banks Ratings Affirmed Under Revised Criteria Jan 20, 2022. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Singapore-Banks-Ratings-Affirmed-Under-Revised-Criteria-2782771>
  
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