Summary: Bank of Communications Co. Ltd. And Bank of Communications Financial Leasing Co. Ltd. - S&P Global Ratings’ Credit Research

Summary: Bank of Communications Co. Ltd. And Bank of Communications Financial Leasing Co. Ltd.

Summary: Bank of Communications Co. Ltd. And Bank of Communications Financial Leasing Co. Ltd. - S&P Global Ratings’ Credit Research
Summary: Bank of Communications Co. Ltd. And Bank of Communications Financial Leasing Co. Ltd.
Published Dec 06, 2017
5 pages (1520 words) — Published Dec 06, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Very high likelihood of extraordinary government support due to strengthened policy role. Strong business position supported by a sound franchise in China and above-average business and geographic diversification. Operations mainly in China with exposure to heightened economic risk. Funding more reliant on wholesale funding compared with mega bank peers'. The stable outlook on Bank of Communications Ltd. (BoCom) reflects our expectation that the bank can maintain its risk-adjust capital (RAC) ratio above 5% and its overall asset quality in line with peers' over the next two years. We may upgrade BoCom if we estimate that the RAC ratio will stay above 10% or we assess the bank's asset quality as significantly better than peers'. We may downgrade BoCom if we

  
Brief Excerpt:

...Strong business position supported by a sound franchise in China and above-average business and geographic diversification....

  
Report Type:

Summary

Ticker
3328@HK
Issuer
Bank of Communications Co. Ltd.
GICS
Diversified Banks (40101010)
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. "Summary: Bank of Communications Co. Ltd. And Bank of Communications Financial Leasing Co. Ltd." Dec 06, 2017. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Bank-of-Communications-Co-Ltd-And-Bank-of-Communications-Financial-Leasing-Co-Ltd-1963482>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Bank of Communications Co. Ltd. And Bank of Communications Financial Leasing Co. Ltd. Dec 06, 2017. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Bank-of-Communications-Co-Ltd-And-Bank-of-Communications-Financial-Leasing-Co-Ltd-1963482>
  
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