Fitch Affirms Deutsche Bank Taipei's TWD Bonds at 'AA(twn)'

June 23, 2016 3:40 AM

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(The following statement was released by the rating agency) TAIPEI, June 22 (Fitch) Fitch Ratings has affirmed the National Long-Term Rating on Deutsche Bank AG Taipei Branch's (DB Taipei) outstanding TWD1bn October 2019 senior unsecured notes at 'AA(twn)'.

This follows the affirmation of Deutsche Bank AG's (DB) Long-Term Issuer Default Rating on 14 June 2016 at 'A-' with a Stable Outlook. KEY RATING DRIVERS SENIOR DEBT The rating on DB Taipei's bonds is aligned with the credit profile of DB, which is equivalent to 'AA(twn)' on the National Rating scal...

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