Fitch Ratings affirms HSBC Bank Middle East at "AA-" (LT Int. Scale (foreign curr.) credit rating); outlook stable

February 23, 2017 - CBonds

 

Fitch Ratings affirmed the "AA-" LT Int. Scale (foreign curr.) credit rating of HSBC Bank Middle East on February 22, 2017. The outlook is stable.
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Issuer: HSBC Bank Middle East
Issuer profile:
HSBC Bank Middle East Limited is the largest and most widely represented international bank in the Middle East. HSBC's history in the Middle East dates back to 1959, when it acquired The British Bank... more
Outstanding issues:
5 issuesUSD867,750,000
1 issuesGBP219,548,000
Issuer rating:
Moody's Investors ServiceA2/NegativeLT- foreign currency03/21/2016
Moody's Investors ServiceA2/NegativeLT- local currency03/21/2016
Fitch RatingsAA-/StableLT Int. Scale (foreign curr.)02/22/2017
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