Fitch Affirms HSBC at A+ With Stable Outlook

MT Newswires Live08-12 12:03

Fitch Ratings affirmed HSBC's (HKG:0005) long-term issuer default rating at A+ with a stable outlook, according to a Tuesday rating commentary.

The agency also affirmed HSBC's viability rating at A+ and the long-term issuer default ratings of its major banking subsidiaries at AA, all with stable outlooks.

The ratings reflect the lender's diversified global banking franchise, conservative risk profile, strong profitability, and robust capital and liquidity buffers.

Fitch expects the group's operating profit-to-risk-weighted assets ratio to remain around 4% in 2026 and 2027, compared with 4.4% in the first half of 2026.

A sustained decline in capital, a material deterioration in asset quality, or a sharp weakening in profitability could pressure the ratings, the statement said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment