TEXT-Fitch affirms Citibank Taiwan at 'A'/Stable
Dec 20 - Fitch Ratings has affirmed Citibank Taiwan Limited's (CTL) Long-Term Issuer Default Rating (IDR) at 'A' and its National Long-Term Rating at 'AA+(twn)', respectively. The Rating Outlook is Stable. A full rating breakdown is provided below.
The affirmation reflects Fitch's continuing belief of a very high probability of support from CTL's ultimate parent Citigroup Inc.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.