Fitch Affirms Ratings on CIMB Niaga, BII, OCBC NISP, UOBI

April 13, 2015 9:36 AM

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(The following statement was released by the rating agency) JAKARTA/SINGAPORE, April 13 (Fitch) Fitch Ratings has affirmed the Long-Term Foreign Currency Issuer Default Ratings (IDR) of four foreign-owned banks in Indonesia: - PT Bank CIMB Niaga Tbk (CIMB Niaga), - PT Bank Internasional Indonesia (BII), - PT Bank OCBC NISP Tbk (OCBC NISP), and - PT Bank UOB Indonesia (UOBI).

At the same time Fitch Ratings Indonesia has affirmed their National Ratings. A full list of rating actions is at the end of this rating action commentary. 'AAA' Long-Term National Ratings denote the highest rating assigned by Fitch on its national rating scale for that country. This rating is assig...

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