Fitch Keeps KEB Hana Bank's Mortgage Covered Bonds at AAA

MT Newswires Live

2025/06/25

Fitch Ratings has maintained the AAA ratings for KEB Hana Bank's 1.6 billion euro mortgage covered bonds, according to a Wednesday release.

The bonds are part of the issuer's covered bonds program.

The rating considers the Hana Financial Group (KRX:086790) subsidiary's issuer default rating, uplifts equivalent to five notches above the issuer rating, and the overcollateralization protection through the program's asset percentage.

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