Fitch rates Capital Securities

Fitch Ratings said it assigned Capital Securities Corp. a first-time long-term issuer default rating of BBB- and national long-term rating of A(twn).

“Capital Securities’ ratings are driven by its long-standing and stable franchise in Taiwan’s stockbroking sector, sound capital profile and a well-articulated risk-management framework,” said Fitch in a press release.

The outlook is stable.

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