SINGAPORE (Standard&Poor's) Oct. 3, 2011--Standard&Poor's Ratings Services today assigned the following ratings to the proposed debt issues under the US$3 billion medium-term notes (MTN) program of The Bank of East Asia Ltd.: 'A-/A-2' issue rating and 'cnAA/cnA-1' Greater China credit scale rating on the senior unsecured notes; and 'BBB+' issue rating and 'cnAA-' Greater China credit scale rating on the lower Tier-2 subordinated notes The rating differential between the senior unsecured notes and the lower Tier 2 subordinated notes reflects the latter's subordinated nature. The senior notes will constitute direct, unconditional, unsecured, and unsubordinated obligations of the bank, and shall at all times rank pari passu with all other unsecured obligations. The subordinated notes will constitute
