Fitch affirms ICBC Asia

Fitch Ratings said it affirmed Industrial and Commercial Bank of China (Asia) Ltd. and Industrial and Commercial Bank of China (Macau) Ltd., including their long-term issuer default ratings at A.

The outlooks are stable.

According to Fitch, the affirmation of ICBC Asia's and ICBC Macau's ratings reflect an extremely high probability of support from their Chinese parent Industrial & Commercial Bank of China (A/stable) if needed.

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