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Asia-Pacific ratings roundup through May 17

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Asia-Pacific ratings roundup through May 17

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.

May 17

*Moody's upgraded Standard Chartered Bank Malaysia Bhd.'s baseline credit assessment to "baa1" from "baa2" and affirmed its foreign currency deposit rating at Baa1/P-2. The bank's adjusted baseline credit assessment was affirmed at "baa1". The outlook remains stable.

*S&P Global Ratings assigned Korea Housing Finance Corp. AA long- and A-1+ short-term issuer credit ratings. The outlook on the long-term ratings is stable.

May 14

*Moody's assigned BOCOM International Holdings Co. Ltd. first-time long-term issuer rating of A3 and a short-term issuer rating of Prime-2, with a stable outlook.

May 13

* Fitch Ratings assigned BOCOM International Holdings long- and short-term issuer default ratings of A and F1, respectively.

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.