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S&P reaffirms Haitong Bank's rating and Outlook

 Haitong Bank, S.A. Counterparty Credit Rating

February 9, 2024

BB / Negative / B

January 25, 2023

BB / Stable / B

September 16, 2022

BB / Stable / B


On February 9, 2024, S&P revised the Bank’s outlook to “Negative” from “Stable”, after a similar action on the parent company, Haitong Securities Co. Ltd.. The Bank’s long-term and short-term credit ratings were reaffirmed at “BB” and “B”, respectively.