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Standard and Poor's maintains Haitong Bank's rating

The agency has a positive Outlook for the Bank

On the 18th of August 2016, the rating Agency Standard & Poor’s maintained its Long and Short Term ratings on the Bank at BB- and B respectively, viewing the Bank as a "strategically important" subsidiary of its controlling shareholder Haitong Securities Company Limited.

The Outlook is positive, reflecting S&P’s view that it might raise its long-term rating in the next 12 months.

 

Learn more:
Económico Article (portuguese version only)