Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Industrial and Commercial Bank (Asia) Limited’s or ICBC (Asia)’s foreign currency long-term and shortterm ratings at BBB+ and A2 respectively. The ratings are underpinned by the Bank’s overall good loan asset quality, favourable liquidity profile, solid capital adequacy and strong local franchise. ICBC (Asia)’s financial strength rating is maintained at BBB. A ‘Stable’ outlook is appended ...