Fitch downgrades six Chinese banks ...Middle East

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Fitch downgrades six Chinese banks

Fitch downgrades six Chinese banks to A (from A+)

Outlook Stable

The six banks are:

    China Development Bank (CDB),

    The Export-Import Bank of China (ExIm),

    Agricultural Development Bank of China (ADBC),

    Postal Savings Bank of China Co., Ltd. (PSBC),

    Standard Chartered Bank (China) Limited (SCBC)

    and United Overseas Bank (China) Limited (UOBC).

    ctions taken in reliance thereon. LSEG and its logo are trademarks of LSEG.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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