Seven Bank Ltd. Jan 13
- ID: 2387264
- January 2013
- Standard & Poors
High capital ratio by global comparison High likelihood of receiving extraordinary support from the Seven & i group if necessary Limited business franchise in the domestic financial market although its ATM business--backed by the group's network--is competitive Limited diversification of revenue sources as ATM service fees make up over 90% of its revenues The negative outlook on Seven Bank Ltd. reflects our outlook on the long-term sovereign rating on Japan (AA-/Negative/A-1+). The long-term counterparty credit rating on Seven Bank is higher than the stand-alone credit profile (SACP), because it incorporates the possibility of extraordinary support in a time of need from its parent, Seven & i Holdings Co. Ltd. (AA-/Stable/--), and the Seven & i group companies. The ratings on...
Companies mentioned in this report are:
- Seven Bank Ltd.
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