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The Bank of East Asia Ltd. Dec 11 Product Image

The Bank of East Asia Ltd. Dec 11

  • ID: 2035365
  • December 2011
  • Region: Asia
  • Standard & Poors

Strong competitive position as the fifth-largest bank in Hong Kong Adequate capitalization supported by prudent capital management Weaker competitive position and small presence in China Sectoral concentration in the property investment and real estate segment Standard & Poor's Ratings Services bases its ratings on The Bank of East Asia Ltd. (BEA) on the bank's "adequate" business position, "adequate" capital and earnings, "adequate" risk position, "average" funding, and "adequate" liquidity, as defined under our criteria. BEA's stand-alone credit profile (SACP) is 'bbb+'. Our bank criteria use the BICRA economic risk and industry risk scores to determine a bank's anchor, the starting point in assigning an issuer credit rating. The anchor for a commercial bank operating only in the Hong Kong is...

Companies mentioned in this report are:
- The Bank of East Asia Limited
- The Bank of East Asia (China) Limited

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

- The Bank of East Asia Limited
- The Bank of East Asia (China) Limited

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