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Fitch affirms Stable outlook for Bank OCBC NISP

26 February 2020 14:33

JAKARTA - PT Bank OCBC NISP Tbk (NISP) has been awarded a long-term national rating of AAA(idn) with a Stable outlook and a short-term national rating of F1+(idn) from PT Fitch Ratings Indonesia.

In a press release on Wednesday (26/2), Fitch Ratings Indonesia President Director Indra Kampono said the rating agency continues to monitor ratings and review them annually. "Ratings can be upgraded, downgraded, revoked, or included in monitored list due to changes, additional accuracy, and other informational inacurracies," he said.

The AAA(idn) long-term national rating is valid for OCBC NISP Shelf-Registered Bond III Phases II, III, and IV; OCBC NISP Shelf-Registered Bonds II and III; and OCBC NISP Shelf-Registered Bond Phase I. (LK/MS)

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