trending Market Intelligence /marketintelligence/en/news-insights/trending/aoXYdAF2FRp7Mw7Mn0qMKA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

S&P upgrades ratings of Taishin Financial, banking unit

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


S&P upgrades ratings of Taishin Financial, banking unit

S&P Global Ratings upgraded the issuer credit ratings of Taiwan's Taishin Financial Holding Co. Ltd. to BBB/A-2 from BBB-/A-3.

The rating agency said Oct. 17 that it also upgraded the ratings of the company's unit, Taishin International Bank Co. Ltd., to BBB+/A-2 from BBB/A-2.

The outlook on the long-term ratings is stable.

The upgrade of Taishin International Bank's rating reflects a recent improvement in the bank's capitalization, while the upgrade of Taishin Financial's rating reflects the rating action on the banking unit, Ratings said. It expects the bank's capitalization to remain at this level for the next one to two years.

The ratings of Taishin Financial and Taishin International Bank reflect the rating agency's assessment of the group's satisfactory market position in Taiwan's consumer banking business, sufficient revenue diversification with a stable fee-income base, as well as strong capitalization relative to the group's risk profile.

Ratings said the stable outlook on the two companies reflects its expectation that the group will sustain its strong capitalization over the next one to two years, given its prudent capital management. The rating agency also expects Taishin Bank to sustain its adequate business profile, asset quality and funding and liquidity, while also anticipating that the financial group will maintain a stable consolidated credit profile over the same period.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings document referred to in this news brief can be found here.