Core Viewpoint - Chengdu Bank Co., Ltd. has been rated "AAA" for its 2025 perpetual capital bonds by China Chengxin International, reflecting its strong credit profile supported by a favorable economic environment and significant market position in the western region [1] Group 1: Credit Rating and Economic Environment - Chengdu Bank's credit rating is bolstered by its important position in the local financial system, increasing market share, and a solid customer base for savings business [1] - The bank's business scale and profitability are expected to continue growing due to its expanding operations both within and outside the province [1] Group 2: Challenges and Risks - The bank faces challenges such as slow macroeconomic recovery impacting business operations and asset quality, high concentration in certain loan sectors, and difficulties in liquidity management due to increased long-term loan maturities [1] - The support from the Chengdu municipal government is also a factor considered in the rating [1] Group 3: Company Background - Chengdu Bank was established in December 1996 and has undergone several name changes, with the current name adopted in August 2008 [2] - The bank went public on the Shanghai Stock Exchange on January 31, 2018, after bringing in Malaysia's Hong Leong Bank as a strategic investor in 2007 [2] Group 4: Future Outlook - China Chengxin International anticipates that Chengdu Bank's credit level will remain stable over the next 12 to 18 months [3]
成都银行股份有限公司2025年无固定期限资本债券(第一期)获“AAA”评级