Fitch affirms East West Bancorp, Inc.

Fitch Ratings has affirmed the long- and short-term issuer default ratings of East West Bancorp, Inc. and its operating subsidiary, East West Bank, at BBB and F2, respectively.

The rating outlook is stable.

The continued stable rating outlook reflects Fitch's view that the bank’s performance through the course of 2020 and its expected performance going forward are in line with the bank's rating. Moreover, it reflects Fitch's assessment of East West’s strong earnings power, higher than peer capital levels and unique franchise as a Chinese-American affinity bank.

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