May 24, 2017 / 10:14 AM / 4 months ago

BRIEF-Moody's affirms 3 chinese banks, 2 leasing companies

May 24 (Reuters) - 1288.Hk-

* Moody’s affirms 3 chinese banks, 2 leasing companies, downgrades 1 bank, 3 policy banks, 1 leasing co, and puts 1 bank and 2 leasing cos on review for downgrade

* Moody’s says downgraded agricultural bank of china long-term deposit rating to a2 from a1 & put bocom’s a2 long-term, p-1 short-term deposit ratings on review for downgrade

* Moody’s - affirmed a1 long-term deposit ratings of bank of china limited,china construction bank corporation, industrial and commercial bank of china

* Moody’s on chinese banks - downgrade of the three policy banks is mainly driven by their very close linkages with the sovereign’s credit quality

* Moody’s says downgraded long-term issuer ratings and/or senior unsecured debt ratings of three chinese policy banks to a1 from aa3 Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below