Fitch rates Chailease Holding BBB-

Fitch Ratings said it assigned a long-term issuer default rating of BBB- and short-term issuer default rating of F3 to Chailease Holding Co. Ltd.

The outlook is stable.

The ratings reflect the company's longstanding and leading franchise in Taiwan's SME financing segment, growing regional franchise and sound management quality, Fitch said.

These strengths are counterbalanced by risks associated with its growth appetite and less-established funding profile outside of its home market Taiwan, particularly in mainland China, the agency said.

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