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S&P affirms E.Sun Bank
Standard & Poor's said it affirmed its BBB long-term and A-2 short-term counterparty credit ratings on E.Sun Bank.
The C+ bank fundamental strength rating on E.Sun Bank was also affirmed.
The outlook on the long-term rating is stable.
According to S&P, the ratings on E.Sun Bank continue to reflect the bank's good asset quality, prudent risk controls and adequate capitalization.
Counterbalancing factors include potential risks as a result of the bank's ambitious growth strategy, the agency said.
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