Fitch affirms Dah Sing Bank

Fitch Ratings said it affirmed Dah Sing Bank's long-term foreign-currency issuer default rating at A-.

The outlook is stable.

The ratings primarily reflect the bank's continued sound capitalization, adequate profitability and robust liquidity and asset quality, Fitch said.

The ratings also consider the bank's portfolio concentrations and its modest market position in Hong Kong's banking system, the agency said.

The latter suggests a moderate possibility of government support in case of need, Fitch said.

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