Credit Ratings

 

Moody's

Long-term and Short-term Foreign-currency Deposit

Baa3/P-3

Baseline Credit AssessmentBCA

ba3

Adjusted BCA

ba1

Counterparty Risk Assessment

Baa2(cr)/P-2(cr)

Rating Outlook

Stable

Fitch

Foreign Long-term IDR

BB+

Support Rating (SR)

3

Support Rating Floors (SRF)

BB+

Viability Rating (VR)

b

Rating Outlook

Stable

Note: Moody’s Investors Service disclosed CGB’s rating on Apr. 1, 2019; Fitch disclosed CGB's rating on  Aug. 23, 2018.

 

Moody's :

On Apr. 16, 2007, Moody's Investors Service adjusted CGB's rating to On Review for Upgrade.

On Aug. 9, 2007, Moody's Investors Service adjusted CGB's BFSR from E+ to D-, and adjusted the rating of long-term foreign-currency deposit from Ba3 to Ba2, and the rating prospect is Stable.

On Sep. 4, 2008, Moody's Investors Service maintained CGB's rating, namely, the BFSR is D-, the rating of long-term foreign-currency deposit is Ba2, and the rating prospect is Stable.

On Sep. 11, 2009, Moody's Investors Service maintained CGB's rating, namely, the BFSR is D-, the rating of long-term foreign-currency deposit is Ba2, and the rating prospect is Stable.

On Nov. 24, 2011, Moody's Investors Service maintained CGB's rating, namely, the BFSR is D-, the rating of long-term foreign-currency deposit is Ba2, and the rating prospect is Stable.

On Jun. 28, 2012, Moody's Investors Service maintained CGB's rating, namely, the BFSR is D-, the rating of long-term foreign-currency deposit is Ba2, and the rating prospect is Stable.

On Nov. 27, 2013, Moody's Investors Service maintained CGB's rating, namely, the BFSR is D-, the rating of long-term foreign-currency deposit is Ba2, and the rating prospect is Stable.

On Nov. 27, 2014, Moody's Investors Service disclosed CGB's rating, namely, the rating of long-term foreign-currency deposit is Ba2, the rating outlook is Stable, and the baseline credit assessment is ba3.

On Sep. 29, 2015, Moody's Investors Service upgraded CGB's rating, namely, the rating of long-term foreign-currency deposit is upgraded from Ba2 to Ba1, the rating outlook is Stable, and the baseline credit assessment is ba3.

On Jan. 19, 2017, Moody's Investors Service upgraded CGB's rating, namely, the rating of long-term and short-term foreign-currency deposit is upgraded from Ba1/NP to Baa3/P-3, the baseline credit assessment (BCA) is affirmed at ba3, the adjusted BCA is upgraded from ba3 to ba1, the counterparty risk assessment is upgraded from Ba1(cr)/NP(cr) to Baa2(cr)/P-2(cr), and the rating outlook is Stable.

On Jan. 23, 2018, Moody's Investors Service maintained CGB's rating, namely, the rating of long-term and short-term foreign-currency deposit is Baa3/P-3, the baseline credit assessment (BCA) is ba3, the adjusted BCA is ba1, the counterparty risk assessment is Baa2(cr)/P-2(cr), and the rating outlook is Stable. 

On May 30, 2018, Moody's Investors Service maintained CGB's rating, namely, the rating of long-term and short-term foreign-currency deposit is Baa3/P-3, the baseline credit assessment (BCA) is ba3, the adjusted BCA is ba1, the counterparty risk assessment is Baa2(cr)/P-2(cr), and the rating outlook is Stable.

On  Apr. 1, 2019, Moody's Investors Service maintained CGB's rating, namely, the rating of long-term and short-term foreign-currency deposit is Baa3/P-3, the baseline credit assessment (BCA) is ba3, the adjusted BCA is ba1, the counterparty risk assessment is Baa2(cr)/P-2(cr), and the rating outlook is Stable.

Fitch

On Dec. 12, 2007, Fitch upgraded the individual rating of CGB to D/E, the support rating to 4. The rating outlook is Stable.

On Apr. 15, 2008, Fitch maintained CGB's rating, namely, the individual rating of CGB as D/E, the support rating as 4. The rating outlook remains Stable.

On Jul. 24, 2009, Fitch maintained CGB's individual rating as D/E, the support rating was upgraded from 4 to 3, and the rating outlook remained Stable.

At the end of 2010, Fitch maintained CGB's rating, namely, the individual rating of CGB as D/E, the support rating as 3, and the rating outlook remained Stable.

On Jul. 20, 2011, Fitch launched the Viability Rating System, CGB's ratings as follows: Foreign Long-term IDR as BB+, the Viability Rating as b+, the individual rating as D/E, the support rating as 3, the support rating floors (SRF) as BB+, and the rating outlook as Stable.

On Jul. 25, 2012, Fitch maintained CGB's rating, namely, Foreign Long-term IDR as BB+, the Viability Rating as b+, the support rating as 3, the support rating floors (SRF) as BB+, and the rating outlook as Stable.

On Nov. 1, 2013, Fitch maintained CGB's rating, namely, Foreign Long-term IDR as BB+, the Viability Rating as b+, the support rating as 3, the support rating floors (SRF) as BB+, and the rating outlook as Stable.

On Nov. 19, 2014, Fitch disclosed CGB's rating, namely, Foreign Long-term IDR is BB+, the rating outlook is Stable, the support rating (SR) is 3, the support rating floors (SRF) is BB+, and the viability rating (VR) is b.

On Nov. 18, 2015, Fitch disclosed CGB's rating, namely, Foreign Long-term IDR is BB+, the rating outlook is Stable, the support rating (SR) is 3, the support rating floors (SRF) is BB+, and the viability rating (VR) is b.

On Nov. 4, 2016,Fitch disclosed CGB's rating, namely, Foreign Long-term IDR is BB+, the rating outlook is Stable, the support rating (SR) is 3, the support rating floors (SRF) is BB+, and the viability rating (VR) is b.

On Sept. 5, 2017, Fitch maintained CGB's rating, namely, Foreign Long-term IDR is BB+, the rating outlook is Stable, the support rating (SR) is 3, the support rating floors (SRF) is BB+, and the viability rating (VR) is b.

On Aug. 23, 2018, Fitch maintained CGB's rating, namely, Foreign Long-term IDR is BB+, the rating outlook is Stable, the support rating (SR) is 3, the support rating floors (SRF) is BB+, and the viability rating (VR) is b.