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DBRS confirms ratings of Bank of Hawaii Corp., unit

DBRS on Dec. 22 confirmed all ratings of Bank of Hawaii Corp. and unit Bank of Hawaii, reflecting the company's "strong and defensible banking franchise" particularly within Hawaii, and its "solid earnings generation capacity and strong balance sheet fundamentals."

Confirmed were the company's issuer and senior debt rating of A (low), subordinated debt rating of BBB (high) and short-term instruments rating of R-1 (low). The bank's A deposits and senior debt rating, A (low) subordinated debt rating and R-1 (low) short-term instruments rating were also confirmed.

The trend for all ratings is still stable.