Fitch affirms rating of three Singapore banks.
Global Banking News-August 28, 2014--Fitch affirms rating of three Singapore banks
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Global Banking News - 28 August 2014
Fitch Ratings has affirmed the ratings of three banks in Singapore.
The agency has affirmed the ratings of DBS Bank Ltd (SI: D05), Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank Limited (UOB), and the bank holding company of DBS, DBS Group Holdings (DBSH).
The Long-Term Issuer Default Ratings (IDRs) for the four have been affirmed at 'AA-' with a Stable Outlook. Their Viability Ratings (VRs) have been affirmed at 'aa-'.
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