Rating Announcement
Rating type: Issuer Rating - Long-term
Rating action: Initial rating
Rating date: 15/05/2024
This is an abstract of the Rating Announcements. Please click 'View Online' or 'Download' to access the full report
Orient Commercial Joint Stock Bank (OCB)'s A+ long-term issuer ratings reflect the bank's above-average standalone assessment and our expectation of a moderate likelihood of government support for the bank in times of need. The bank's standalone assessment incorporates its strong profitability and capital, as well as its average asset risk, funding structure, and liquidity resources relative to industry peers.
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