Fitch affirms Taishin Financial

Fitch Ratings said it affirmed most of the ratings for Taishin Financial Holdings Co. and its wholly owned subsidiaries, Taishin International Banks, Taishin Securities Co. Ltd. and Taishin Bills Finance Corp. The ratings were removed from Ratings Watch evolving and some were placed on Ratings Watch positive.

Taishin Financial's long-term foreign-currency issuer default rating was affirmed at BBB-, short-term foreign-currency issuer default rating at F3, national long-term rating at A(twn), national short-term rating at F1(twn) and senior unsecured rating at A-(twn). The outlook is stable.

Taishin International Bank's long-term foreign-currency issuer default rating was affirmed at BBB, 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.

Taishin Securities' long-term foreign-currency issuer default rating was affirmed at BBB-, short-term foreign-currency issuer default rating at F3, national long-term rating at A(twn), national short-term rating at F1(twn). The ratings were removed from Rating Watch evolving to Ratings Watch positive.

Taishin Bills Finance's long-term foreign-currency issuer default rating at BBB-, 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.

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