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Published on 1/15/2009 in the Prospect News Emerging Markets Daily.

Fitch affirms Dah Chung Bills Finance

Fitch Ratings said it affirmed Dah Chung Bills Finance Corp.'s long-term foreign-currency issuer default rating at BBB-, short-term foreign-currency issuer default rating at F3, national long-term rating at A(twn) and national short-term rating at F1(twn).

The outlook is stable.

The ratings are supported by the company's above-average capitalization and improving liquidity position, the agency said, but also consider its less diversified revenue sources and weak profitability.


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