OREANDA-NEWS. Fitch Ratings has affirmed the National Long-Term Rating on Deutsche Bank AG Taipei Branch's (DB Taipei) outstanding TWD1bn October 2019 senior unsecured notes at 'AA(twn)'. This follows the affirmation of Deutsche Bank AG's (DB) Long-Term Issuer Default Rating on 14 June 2016 at 'A-' with a Stable Outlook.

KEY RATING DRIVERS

SENIOR DEBT

The rating on DB Taipei's bonds is aligned with the credit profile of DB, which is equivalent to 'AA(twn)' on the National Rating scale. This is based on Fitch's rating criteria on senior bond instruments of financial institutions.

RATING SENSITIVITIES

SENIOR DEBT

Any rating action on DB could trigger a similar move on DB Taipei's debt's National Long-Term Rating.




OREANDA-NEWS. Fitch Ratings has affirmed the National Long-Term Rating on Deutsche Bank AG Taipei Branch's (DB Taipei) outstanding TWD1bn October 2019 senior unsecured notes at 'AA(twn)'. This follows the affirmation of Deutsche Bank AG's (DB) Long-Term Issuer Default Rating on 14 June 2016 at 'A-' with a Stable Outlook.

KEY RATING DRIVERS

SENIOR DEBT

The rating on DB Taipei's bonds is aligned with the credit profile of DB, which is equivalent to 'AA(twn)' on the National Rating scale. This is based on Fitch's rating criteria on senior bond instruments of financial institutions.

RATING SENSITIVITIES

SENIOR DEBT

Any rating action on DB could trigger a similar move on DB Taipei's debt's National Long-Term Rating.