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(From Banking and Credit News)
BANKING AND CREDIT NEWS-August 8, 2011--Bank Danamon ratings remain unchanged - Capital Intelligence (C)2011 M2 COMMUNICATIONS http://www.m2.com
8 August 2011 - Capital Intelligence reiterated on Monday the long-term foreign currency rating of BB of Indonesian Bank Danamon (JAK:BDMN), as well as its short-term foreign currency IDR of B. The outlook is "stable". In addition, the agency upheld the bank's financial strength rating (FSR) of BBB- with a "stable" outlook, as well as the support rating of 2, reflecting the strong possibility of support from its majority owner Temasek should it ever be required, as well as the official …