• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
First Commercial Bank Ltd. Jan 01 Product Image

First Commercial Bank Ltd. Jan 01

  • Published: January 2001
  • Standard & Poors

Abstract
The rating based on public information, or 'pi' rating, on First Commercial Bank (FCB) reflects its first-tier domestic market position and the significant franchise enhancement potential the bank enjoys as a result of its extensive branch network and long history. These strengths are partially offset by its average asset quality and its fair, though stable, profitability. Its financial profile is also pressured by fierce competition from both ambitious newer banks and efficient, older private banks. FCB commands nearly 6% of the total system assets. Despite a decline in its market share, it remains one of the primary players in the industry and domestic financial market turmoil in 1998 and 1999 entailed a flight to safety, thereby providing some support to...

Companies mentioned in this report are: First Commercial Bank Ltd.
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 READ MORE >

First Commercial Bank Ltd.

Note: Product cover images may vary from those shown

RELATED PRODUCTS