News & Credit Rating Announcements
04 August 2023 | Country: China | Bank: Shanghai Pudong Development Bank
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Shanghai Pudong Development Bank - Ratings Affirmed with a Stable Outlook
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Shanghai Pudong Development Bank's (SPDB) Long-Term Foreign Currency Rating (LT FCR) and Short Term (ST) FCR at 'BBB+' and 'A2', respectively. At the same time, CI Ratings has affirmed SPDB's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (China, Shanghai Pudong Development Bank)
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