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Moody's reaffirms B1 credit rating for HDBank despite pandemic challenge

Written by ACN Newswire - Press Releases

Moody's reaffirms B1 credit rating for HDBank despite pandemic challenge

HO CHI MINH CITY, VIETNAM, Apr 22, 2020 - (ACN Newswire) - Moody's Investors Service has reaffirmed the B1 credit rating for the Ho Chi Minh City Development JSC Bank (HDBank) amid a challenging market situation due to the impact of the Covid-19 pandemic and social distancing orders from the Government.

In its press release, Moody's said the...

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