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(From Banking and Credit News)
BANKING AND CREDIT NEWS-August 12, 2011--Fitch upholds AA- rating of DBS Bank (Hong Kong) (C)2011 M2 COMMUNICATIONS http://www.m2.com
12 August 2011 - Fitch confirmed on Thursday the long-term foreign currency issuer default rating (IDR) of AA- of DBS Bank (Hong Kong) Ltd, or DBSHK. At the same time, the agency upheld the lender's short-term foreign currency IDR of F1+ and support rating rating of 1. All ratings carry a "stable" outlook. In addition, Fitch affirmed the bank's individual rating of B/C and subsequently withdrew the …