|Expense Ratio (net)||N/A|
|Last Cap Gain||N/A|
|Morningstar Risk Rating||N/A|
|Beta (3Y Monthly)||N/A|
|5y Average Return||N/A|
|Average for Category||N/A|
Moody's Japan K.K. has withdrawn the B2 domestic and foreign currency long-term bank deposit ratings (negative outlook), Not Prime domestic and foreign currency short-term bank deposit ratings, b3 Baseline Credit Assessment (BCA)/Adjusted BCA, and B1(cr)/Not Prime(cr) Counterparty Risk Assessments of Suruga Bank, Ltd. for its own business reasons. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. Suruga Bank, Ltd. is a regional bank headquartered in Shizuoka Prefecture.
Moody's Japan K.K. has downgraded the short- and long-term bank deposit ratings, the baseline credit assessment (BCA), Adjusted BCA, and the Counterparty Risk Assessments (CRAs) of Suruga Bank, Ltd. At the same time, the BCA, Adjusted BCA, long-term bank deposit ratings, and long-term CRA for Suruga Bank remain on review for further downgrade.
Moody's Japan K.K. has downgraded the long-term bank deposit ratings, the baseline credit assessment (BCA), Adjusted BCA, and the Counterparty Risk Assessments (CRAs) of Suruga Bank, Ltd., and has placed the ratings on review for further downgrade. At the same time, Moody's has placed the short-term bank deposit ratings on review for downgrade.
Moody's Japan K.K. has confirmed the ratings of Suruga Bank, Ltd. The rating outlook is negative. At the same time, Moody's has affirmed Suruga Bank's short-term domestic and foreign currency bank deposit ratings at P-2. Today's rating action concludes the review for downgrade initiated on 25 April 2018 following the bankruptcy filing by Smart Days, Inc., an event which raised concerns around Suruga Bank's asset quality.