United Kingdom

Suruga Bank Ltd (8358.T)

8358.T on Tokyo Stock Exchange

23 Jan 2018
Change (% chg)

¥-73 (-3.09%)
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Latest Key Developments (Source: Significant Developments)

Fitch Affirms Suruga Bank at 'A-'/Stable; Withdraws Ratings

(The following statement was released by the rating agency) TOKYO, September 15 (Fitch) Fitch Ratings has affirmed Suruga Bank Ltd.'s Long-Term Issuer Default Rating at 'A-' with a Stable Outlook. At the same time, Fitch has chosen to withdraw the ratings of Suruga Bank for commercial reasons. Fitch will no longer provide rating and analytical coverage on Suruga. A full list of rating action is at the end of this commentary. KEY RATING DRIVERS The affirmation of Suruga's ratings reflects limited