Fitch Downgrades Standard Chartered Bank Singapore to 'A'; Outlook Stable

(The following statement was released by the rating agency) HONG KONG/SINGAPORE, October 17 (Fitch) Fitch Ratings has today downgraded the Long-Term Issuer Default Rating (IDR) on Standard Chartered Bank (Singapore) Limited (SCBS) to ‘A’ from ‘A+’.
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