On August 13, according to the final assessment by the Joint Credit Rating Co., Ltd., CR Bank’s long-term credit rating ranks AA, at a high level among the city commercial banks in the same scale.
The rating reflects CR has strong repay debt ability, lower risk of default and would be less affected by the adverse economic environment. This has positive significance to enhance its market position and brand recognition, and will strengthen the bank's ability to raise funds and reduce financing cost, contributing to the expansion of businesses as agreement deposit.
CR Bank Achieves AA Main Credit Rating
2012-08-20,CR Bank