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. 12
* Fitch Ratings affirmed the national long- and short-term ratings of PT BFI Finance Indonesia Tbk at A+(idn) and F1(idn), respectively. The outlook is stable.
Sept. 11
* S&P Global Ratings revised its outlook on India's Syndicate Bank Ltd. to positive from stable and lowered the outlook on Indian Bank to negative from stable. The rating agency also affirmed its ratings on the two banks, as well as those of Union Bank of India
Sept. 10
* Fitch affirmed Bank of Queensland Ltd.'s long- and short-term issuer default ratings at A- and F2, respectively, with a stable outlook.
* Fitch affirmed the long- and short-term IDRs of Suncorp-Metway Ltd. at A+ and F1, respectively, with a stable outlook.
* Fitch affirmed the long- and short-term IDRs of ING Bank (Australia) Ltd. at A and F1, respectively, with a stable outlook.
* Fitch affirmed the long- and short-term IDRs of Bendigo & Adelaide Bank Ltd. at A- and F2, respectively. The outlook is stable.
* Fitch also affirmed the national long-term ratings of Sri Lanka-based Sampath Bank PLC and National Development Bank PLC at A+(lka). The outlook on Sampath Bank is stable, while the outlook on National Development Bank remains negative.
* Fitch affirmed the national long-term ratings of Sri Lanka's Seylan Bank Plc and Commercial Bank of Ceylon PLC at A-(lka) and AA(lka), respectively. The outlooks are stable.
* Separately, Fitch affirmed the national long-term ratings of each of Hatton National Bank Plc and DFCC Bank Plc at AA-(lka), with stable outlooks.
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.
