Fitch Ratings: Confirms China Citic Bank's (00998.HK) long-term foreign currency issuer rating outlook as "Stable"

On July 3, Fitch confirmed that China CITIC Bank Corporation Limited (referred to as "CITIC Bank" 00998.HK) has a long-term foreign currency issuer default rating (IDR) of "A-" and a short-term IDR of "F1". The government support rating (GSR) is "a-". The long-term IDR outlook is stable. At the same time, Fitch upgraded CITIC Bank's viability rating (VR) from "bb-" to "bb".