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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-'.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

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Publication:Global Banking News (GBN)
Geographic Code:9SING
Date:Aug 28, 2014
Words:117
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