Hong Kong, August 21, 2015 -- Moody's Investors Service has affirmed Chong Hing Bank Limited's baseline credit assessment (BCA)/adjusted BCA at baa2 and long-term and short-term bank deposit ratings at Baa2/P-2. Moody's has also affirmed the bank's foreign currency Basel II-compliant subordinated debt rating at Baa3, foreign currency Basel III-compliant non-cumulative preference share rating at Ba2(hyb), and counterparty risk assessment at Baa1(cr)/P-2(cr). The bank's outlook has been changed to stable from negative.
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