Core Points - China Chengxin International announced the termination of credit ratings for Yanbian Rural Commercial Bank due to the bank's reform initiatives under the provincial agricultural credit system [1][2] - The bank had previously issued bonds rated by China Chengxin International, maintaining a credit rating of A- and a stable outlook as of July 2024 [1] - The bank failed to disclose its 2024 annual report and Q1 2025 information on time, which contributed to the inability to accurately assess its credit level [2] Group 1 - Yanbian Rural Commercial Bank issued bonds "17 Yanbian Rural Commercial Bank Tier 2 01", "17 Yanbian Rural Commercial Bank Tier 2 02", and "17 Yanbian Rural Commercial Bank Tier 2 03" in 2017 [1] - The credit ratings for the aforementioned bonds were maintained at BBB+ prior to the termination of the rating [1] - The decision to terminate the ratings was based on the bank's lack of cooperation in providing necessary information for the ratings process [2]
中诚信国际：终止延边农村商业银行股份有限公司主体和债项信用评级
Sou Hu Cai Jing·2025-06-19 07:21