S&P Global Market Intelligence presents a summary of ratings actions on Asia-Pacific financial institutions and economies.
* S&P Global Ratings assigned China Guangfa Bank Co. Ltd. a long-term issuer credit rating of BBB-, with a stable outlook.
* The rating agency assigned Orient Securities Co. Ltd. BBB- long-term and A-3 short-term issuer credit ratings. The outlook on the long-term rating is stable.
* Fitch Ratings assigned ANZ Bank (Vietnam) Ltd. a first-time long-term foreign-currency issuer default rating of BB and a long-term local-currency issuer default rating of BBB-. The outlook is positive.
This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.