(The following statement was released by the rating agency)
TAIPEI, November 20 (Fitch) Fitch Ratings has placed the
'AA(twn)' National
Long-Term Rating on Deutsche Bank AG Taipei Branch's (DB Taipei)
outstanding
TWD1bn October 2019 senior unsecured notes on Rating Watch
Negative (RWN). This
follows the placement of Deutsche Bank AG's Long-Term Issuer
Default Rating of
'A-' on RWN on 3 November 2016.
KEY RATING DRIVERS
SENIOR DEBT
The rating on DB Taipei's bonds is aligned with the credit
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