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Suruga Bank Ltd (8358.T)

8358.T on Tokyo Stock Exchange

23 Sep 2016
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¥-99 (-3.76%)
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Tue, Jul 12 2016

Fitch Affirms Japan's Shizuoka Bank at 'A'/Negative; Suruga Bank at 'A-'/Stable

(The following statement was released by the rating agency) TOKYO, July 12 (Fitch) Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) on two Japan-based regional banks - Shizuoka Bank, Ltd. (The)'s (Shizuoka) at 'A' with a Negative Outlook and Suruga Bank Ltd.'s (Suruga) at 'A-' with a Stable Outlook. A full list of rating actions is provided at the end of this rating action commentary. KEY RATING DRIVERS VIABILITY RATING (VR) AND IDRs The IDRs of Shizuoka and Suruga ar

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