trending Market Intelligence /marketintelligence/en/news-insights/trending/2jNj2X2wbV_PrB8-1RcE0Q2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Fitch affirms East West Bancorp's short-term issuer default rating

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Blog

Banking Essentials Newsletter: May Edition, Part-2


Fitch affirms East West Bancorp's short-term issuer default rating

Fitch Ratings on July 31 affirmed the F2 short-term issuer default ratings of Pasadena, Calif.-based East West Bancorp Inc. and East West Bank and removed the ratings from under criteria observation.

Fitch also affirmed the bank's short-term deposits at F2.

The rating agency raised East West Bank's funding and liquidity score to 'bbb+' from 'bbb,' citing the bank's liquidity profile and liquidity risk management. Fitch also noted that East West Bank's loan-to-deposit ratio and on-balance sheet liquidity are in line with similarly rated peers and that the bank has "ample sources of contingent liquidity."