Moody’s affirmed Chinabank’s Baa2 deposit and issuer ratings in 2024, driven by the bank's strong capitalization and profitability, as well as its modest deposit franchise, offset by its strong level of liquidity. The ratings also factor in a one-notch uplift to its baa3 BCA to reflect the moderate probability of support from the Government of Philippines (Baa2 stable).
The outlook on the long-term ratings is stable.
Source: Moody’s credit opinion report (April 2024)