Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Bank CIMB Niaga Tbk > News item |
Fitch upgrades Indonesia banks
Fitch Ratings said it upgraded the long-term foreign-currency issuer default ratings of eight Indonesian banks following the upgrade of Indonesia's long-term local- and foreign-currency issuer default ratings.
The outlook is stable.
Bank Mandiri's long-term foreign-currency issuer default rating was upgraded to BB+ from BB, long-term local-currency issuer default rating to BB+ from BB; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AA+(idn).
Bank Rakyat Indonesia's long-term foreign-currency issuer default rating was upgraded to BB+ from BB; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AAA(idn).
Bank Central Asia's long-term foreign-currency issuer default rating was upgraded to BB+ from BB; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AAA(idn).
Bank CIMB Niaga's long-term foreign-currency issuer default rating was upgraded to BB+ from BB and foreign-currency subordinated debt to BB from BB-; national long-term rating was affirmed at AA+(idn).
Bank Danamon's long-term foreign-currency issuer default rating was upgraded to BB+ from BB; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AA+(idn).
Bank Internasional Indonesia's long-term foreign-currency issuer default rating was upgraded to BB+ from BB and foreign-currency debt rating to BB from BB-; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AA-(idn) with a positive outlook.
Bank OCBC NISP's long-term foreign-currency issuer default rating was upgraded to BB+ from BB, long-term local-currency issuer default rating to BB+ from BB; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AA+(idn).
Bank UOB Buana's long-term foreign-currency issuer default rating was upgraded to BB+ from BB and its long-term local-currency issuer default rating to BB+ from BB; short-term foreign-currency issuer default rating was affirmed at B and national long-term rating at AA+(idn).
Bank Negara Indonesia's support rating floor was upgraded to BB from BB-.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.