Strong capitalization relative to its risk profile. Adequate credit risk control mechanism. Implicit support from the Taiwan government, given the bank's moderate systemic importance. Moderate profitability by international standards. Less-diversified business stream than its international peers. The stable outlook reflects the likelihood that Taipei Fubon Commercial Bank Co. Ltd.'s strong capitalization, satisfactory asset quality, and implicit government support will continue to sustain the bank's credit profile over the coming two years. We expect Taipei Fubon Bank to maintain its moderate systemic importance in Taiwan's banking sector with a stable market share. The outlook also reflects our continued assessment of Taipei Fubon Bank as the core member to Fubon Financial Holding Co. Ltd. (Fubon FHC) group, given the bank's material representation
