Xiamen International Bank recently announced good news after winning the 10th place in the "top" evaluation system of the stable development ability of China's commercial banking industry in 2016. According to the latest news disclosed by United Credit Evaluation Co., LTD., Xiamen International Bank main credit rating upgraded to the highest level of "AAA", becoming the 10th domestic city commercial bank to obtain the highest main credit rating, is currently the only city commercial bank in Fujian Province "AAA" rating. At the same time, this also means that Xiamen International Bank has obtained the same credit rating as the five major state-owned commercial banks and joint-stock commercial banks.
The subject rating of commercial banks is a comprehensive analysis of the various risk factors and risk prevention ability of commercial banks in the operation, and a comprehensive evaluation of the ability and willingness of banks to pay the principal and interest on various debts as promised. The United Credit Rating Corporation adopts the three-grade and nine-grade credit rating system for the main rating of commercial banks. First class (investment grade) is rated AAA, AA, A and BBB; second class (speculative grade) is rated BB, B, CCC and CC; Third class (bankruptcy grade) is rated C, of which AAA is the highest grade. The credit rating of banks is an important basis for judging the competitiveness, influence and sustainable development potential of banks.
Xiamen International Bank won the "AAA" main credit rating this time, which is of great significance for Xiamen International Bank to expand the source of funds, reduce the financing cost, and improve the bank's market image.
