OREANDA-NEWS. Fitch Ratings has today published Barclays Bank plc, Taipei Branch's (Barclays Taipei) National Long-Term Rating of 'AA+(twn)' and National Short-Term Rating of 'F1+(twn)'. The Outlook is Stable.

KEY RATING DRIVERS

NATIONAL RATINGS
Barclays Taipei's ratings and Outlook are tied to those of Barclays Bank plc (Barclays Bank, A/Stable). The ratings of Barclays Taipei capture its legal status as a branch of Barclays Bank and the highly-integrated nature of its operations with the head office. Under Taiwanese regulations, the head office has a legal obligation to support any liquidity needs that a branch is not able to cover on its own as well as to meet the regulatory minimum capital requirement.

For more about the key rating drivers and sensitivities for Barclays Bank's ratings, see "Fitch Affirms Barclays at 'A'; Outlook Stable" dated 19 May 2015 and available at www.fitchratings.com.

RATING SENSITIVITIES

NATIONAL RATINGS
Any rating action on Barclays Bank could trigger a similar action on Barclays Taipei's ratings.