(The following statement was released by the rating agency)
SINGAPORE, April 27 (Fitch) Fitch Ratings has assigned
Oversea-Chinese Banking
Corporation Limited's (OCBC; AA-/Stable) USD15bn commercial
paper programme a
Short-Term Rating of 'F1+'.
KEY RATING DRIVERS
The programme rating is the same as OCBC's Short-Term Issuer
Default Rating
(IDR) of 'F1+', as the notes issued under the programme will be
unsecured
short-term promissory notes of the bank and will rank pari passu
with all of
OCB
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