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Fitch Publishes Bank of China Group Investment's 'A' Credit Rating w/ Stable Outlook
Recommend 8 Positive 12 Negative 2 |
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Fitch Ratings has published Hong Kong-based Bank of China Group Investment Limited (BOCG Investment)'s long-Term Issuer Default Rating (IDR) of 'A' and Shareholder Support Rating (SSR) of 'a'. The Outlook on the Long-Term IDR is Stable. BOCG Investment is a wholly-owned subsidiary of BANK OF CHINA (03988.HK) and BANK OF CHINA's main overseas principal investment arm. It holds strategic equity interests for BANK OF CHINA, supports investments in railway, financial infrastructure and broader infrastructure in Greater China, backs the development of green energy and quasi-sovereign funds, and enhances BANK OF CHINA's group financial product suite and competitiveness. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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