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Article: JCR rates Chukyo Bank' shelf registration at preliminary A.
- Article from:
- ADP Debt News
- Article date:
- August 31, 2009
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(ADPnews) - Aug 31, 2009 - JCR assigned today a preliminary A rating to the shelf registration of Japan's Chukyo Bank Ltd (TYO:8530).
The Chukyo Bank is a second regional bank, headquartered in the Nagoya city in the Aichi Prefecture.
Its funds total approximately JPY 1.5 trillion (USD 16.2bn/EUR 11.3bn).
The bank has a business foothold in the whole prefecture and also its foothold in Mie prefecture reflects its historical background.
The bank is an equity-method affiliate of the Mitsubishi UFJ Financial Group Inc (TYO:8306) and is in a position to exploit human resources, know-how and business infrastructure of the Group, especially ...