Fitch affirms Dah Chung Bills

Fitch Ratings said it affirmed Dah Chung Bills Finance Corp.'s long-term foreign-currency issuer default rating at BBB-, along with its short-term foreign-currency issuer default rating at F3, national long-term rating at A(twn) and national short-term rating at F1(twn).

The outlook is stable.

The ratings reflect the satisfactory quality of its guarantee book, adequate liquidity and sound capitalization, Fitch said.

The company's susceptibility to potential interest rate hikes and its rather limited franchise are major constraining factors, the agency said.

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