Fitch affirms E. Sun Bank

Fitch Ratings said it affirmed the ratings of E. Sun Bank and E. Sun Securities Corp.'s national long-term rating at A(twn) and national short-term rating at F1(twn).

The outlook is stable.

The ratings reflect its adequate capital, satisfactory liquidity level and modest profitability, Fitch said.

In order to better control its credit risk during the market downturn, E.Sun Bank has adjusted its loan mix by reducing the proportion of risky small and medium enterprise loans in its portfolio, while expanding into selected financially strong large corporate accounts in 2008, the agency said.

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