Fitch Affirms Hong Leong Bank's Ratings with Stable Outlook
() -- Fitch Ratings on Friday affirmed Hong Leong Bank's (KLSE:HLBANK) Long-Term Issuer Default Rating at BBB+ with a stable outlook and Short-Term IDR at F2. The rating agency cited the Malaysian lender's conservative underwriting standards, strong asset quality, and stable deposit-funded franchise. Fitch said the ban