Fitch downgrades six Chinese banks

Fitch downgrades six Chinese banks to A (from A+)

• Outlook Stable

The six banks are:

China Development Bank (CDB),

The Export-Import Bank of
China (ExIm),

Agricultural Development Bank of China (ADBC),

Postal Savings
Bank of China Co., Ltd. (PSBC),

Standard Chartered Bank (China) Limited (SCBC)

and United Overseas Bank (China) Limited (UOBC).

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This article was written by Eamonn Sheridan at www.forexlive.com.



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