S&P Global Market Intelligence presents a summary of ratings actions on Asia-Pacific financial institutions and economies. Ratings actions are listed by announcement date in reverse chronological order.
Sept. 27
* Moody's affirmed China Orient Asset Management Co. Ltd.'s A3 long-term and Prime-2 short-term issuer ratings, with a stable outlook.
* Fitch Ratings affirmed Sri Lanka's long-term foreign-currency issuer default rating at B, with a stable outlook.
Sept. 26
* Fitch affirmed Mongolia-based Khan Bank LLC's long-term issuer default ratings at B, with a stable outlook. The rating agency affirmed the company's viability rating at "b".
* Fitch also affirmed the B long-term issuer default ratings of Development Bank of Mongolia LLC, with a stable outlook.
* Similarly, Fitch affirmed Mongolia-based XacBank LLC's ong-term issuer default ratings at B, with a stable outlook.
* Fitch affirmed Sri Lanka-based Dialog Finance PLC's national long-term rating of AA(lka), with a stable outlook.
Sept. 25
* Fitch affirmed Taiwan's long-term foreign-currency issuer default rating at AA-, with a stable outlook.
Sept. 24
* S&P Global Ratings upgraded UDC Finance Ltd..'s issuer credit ratings to BBB+ from BBB and revised its standalone credit profile to "bbb" from "bbb-." The outlook is stable.
Sept. 23
* Moody's affirmed Nanyang Commercial Bank Ltd.'s deposit ratings at A3/P-2, with a stable outlook.
* Moody's upgraded Jeju Bank's long- and short-term deposit ratings to A2 and P-1, respectively, from A3 and P-2, previously. The outlook is stable.
* S&P affirmed Cathay Financial Holding Co. Ltd.'s long-term and short-term issuer credit ratings at BBB+ and A-2, respectively, with a stable outlook.
* S&P affirmed its AA+/A-1+ ratings on South Australian Government Financing Authority. The outlook is stable.
* Meanwhile, S&P affirmed South Australia state's AA+ long-term foreign- and local-currency ratings and A-1+ short-term issuer credit rating, with a stable outlook.
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.
