Business Services Industry
MOODY'S UPGRADES 7 CHINESE BANKS' LONG-TERM DEPOSIT AND DEBT RATINGS
Info-Prod Research (Middle East), July, 2007
Moody's Investors Service has today upgradedthe long-term deposit and debt ratings, from A2 to A1, for 7 Chinesebanks: Industrial and Commercial Bank of China, Bank of China, ChinaConstruction Bank, Agricultural Bank of China, China Development Bank,Export-Import Bank of China and HSBC Bank (China) Company.
The actionfollows Moody's earlier decision to upgrade both China's long-termforeign currency sovereign rating and the ceiling for foreign currencybank deposit rating from A2 to A1. The upgrade of the 4 state-controlled commercial banks includingIndustrial and Commercial Bank of China (ICBC), Bank of China (BOC),China Construction Bank (CCB) and Agricultural Bank of China (ABC),reflects Moody's view that the government is likely to maintain majoritycontrol and continue to...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
