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Fitch affirms Taching Bills
Fitch Ratings said it affirmed Taching Bills Finance Corp.'s national long-term rating at A-(twn) and national short-term rating at F2(twn), along with Ta Ching Securities Co., Ltd.'s national long-term rating at BBB+(twn) and national short-term rating at F2(twn).
The ratings reflect its small franchise, sound asset quality and capitalization, Fitch said.
The ratings are constrained by its small franchise and volatile profitability, the agency added.
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