Summary: China Development Bank Corp. - S&P Global Ratings’ Credit Research

Summary: China Development Bank Corp.

Summary: China Development Bank Corp. - S&P Global Ratings’ Credit Research
Summary: China Development Bank Corp.
Published Nov 30, 2015
4 pages (1122 words) — Published Nov 30, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Almost certain likelihood of extraordinary government support due to the critical importance of its policy role and integral link with the government. Strong business position supported by stable customer base and multi-pillar development strategy. Significant one-off capital boost from central bank's capital injection. Still weaker capital and earnings than other major Chinese banks' Concentration of the bank's credit exposure to corporate sector and significant off-balance commitment. Possible shift in asset mix towards risky assets. The stable outlook on the rating on China Development Bank Corp. (CDB) is in line with the outlook on the sovereign rating on China (AA-/Stable/A-1+; cnAAA/cnA-1+). Given the bank's integral link and criterial role to the central government, future rating transitions are likely linked to the

  
Brief Excerpt:

...Almost certain likelihood of extraordinary government support due to the critical importance of its policy role and integral link with the government....

  
Report Type:

Summary

Ticker
SDBZ@CH
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Region
Emerging Markets
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

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. "Summary: China Development Bank Corp." Nov 30, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-China-Development-Bank-Corp-1488192>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: China Development Bank Corp. Nov 30, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-China-Development-Bank-Corp-1488192>
  
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 Credit Research from one place.