|
|
 |
|
Viewing report
|
|
|
|
Bank of Tokyo-Mitsubishi UFJ (China) Ltd. Aug 09
Standard & Poors, Aug 2009
Abstract
Core subsidiary of Bank of Tokyo-Mitsubishi UFJ Ltd. Established position in certain niche markets Good capitalization Constrained funding profile Latent credit risk The ratings on Bank of Tokyo-Mitsubishi UFJ (China) Ltd. (BTMUC) reflect the benefits for the bank of being a core subsidiary of its sole owner, Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU; A+/Stable/A-1), which is in turn owned by Mitsubishi UFJ Financial Group Inc. (A/Stable/--). On a standalone basis, the ratings reflect BTMUC's good capitalization and established position in certain niche markets related to corporate banking for Japanese-funded enterprises in China. These strengths are counterbalanced by the bank's constrained funding profile, with a concentrated Japanese clientele base, and latent credit risk on its loan book. BTMUC has inherited from...
Companies mentioned in this report are: Bank of Tokyo-Mitsubishi UFJ (China) Ltd.,Union Bank N.A.,Mitsubishi UFJ Trust and Banking Corp.,China (People's Republic of ),UnionBanCal Corp.,UFJ Finance Aruba AEC,Master Trust Bank of Japan Ltd.,ACOM Co. Ltd.,BOT Lease Co. Ltd.,Mitsubishi UFJ Financial Group Inc.,Bank of Tokyo-Mitsubishi UFJ Ltd.,MUFG Capital Finance 1 Ltd.,MUFG Capital Finance 2 Ltd.,MUFG Capital Finance 3 Ltd.,MUFG Capital Finance 4 Ltd.,MUFG Capital Finance 5 Ltd.,Bank of Tokyo-Mitsubishi UFJ Ltd. (Paris Branch)
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
