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Hang Seng Bank Ltd (0011.HK)

0011.HK on Hong Kong Stock

26 May 2017
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HK$0.90 (+0.55%)
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Thu, May 11 2017

Fitch Affirms Hang Seng Bank and CCB Asia; Outlook Stable

(The following statement was released by the rating agency) HONG KONG, May 11 (Fitch) Fitch Ratings has affirmed Hang Seng Bank Limited's (HSB) Long-Term Issuer Default Rating (IDRs) at 'A+' with a Stable Outlook. The agency has also affirmed China Construction Bank (Asia) Corporation Limited's (CCB Asia) Long-Term IDR at 'A' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. The ratings have been affirmed as part of Fitch's periodic peer review

BRIEF-Hang Seng Bank declared a first interim dividend for year ending 31 December 2017 of HK$1.2 per share

* Declared a first interim dividend in respect of year ending 31 december 2017 of hk$1.2 per share Source text for Eikon: Further company coverage:

BRIEF-Hang Seng Bank announces appointment of Margaret W H Kwan as executive director

* Patrick K W Chan will resign as executive director of bank and will cease to be head of Greater China Of Bank Source text: [http://bit.ly/2oMtq54] Further company coverage:

BRIEF-AMS Public Transport terminates deals with Hang Seng Bank

* Terminated original hp agreements and entered into latest hp agreements with Hang Seng Bank

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