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Standard and Poor's reinstates Haitong's rating


On the 24th September 2015, the rating Agency Standard & Poor’s reinstated 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 on the Bank as a result of a successful business model turnaround and an improved risk profile.


Learn more:
Diário Económico Article (portuguese version only)