Moody's alters CMB Financial view to positive

Moody's Investors Service said it affirmed CMB Financial Leasing Co., Ltd.'s A3 long-term issuer ratings and changed its outlook to positive from stable.

The agency also affirmed the ratings of CMB Financial Leasing's offshore subsidiary, CMB International Leasing Management Ltd., and changed its entity-level outlook to positive from stable. Moody's concurrently affirmed the ratings of Cmblemtn 1 Ltd., a special purpose vehicle incorporated in the British Virgin Islands, and assigned a positive outlook to the entity.

The outlook revisions and affirmations follow similar actions of its parent China Merchants Bank, Ltd., Moody’s said.

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