Long-term  :   twAAA Short-term  :   twA-1+ Outlook  :  Stable

Issuer Rating History

Rating Date	Long-term Rating	outlook (credit watch)	Short-term Rating
2011/12/06	twAAA	Stable	twA-1+
2007/06/07	twAA+	Stable	twA-1+
2007/03/28	twAA+	Stable	twA-1

Research Analysis

Publish Date	Subject
2024/04/26	Research Update: Agricultural Bank of Taiwan Ratings Affirmed At 'twAAA/twA-1+'; Outlook Stable
2023/06/20	Media Release: Several National Scale Issue Ratings Downgraded After Application Of Updated Criteria
2023/06/09	Media Release: Certain National Scale Ratings Placed Under Criteria Observation Following Criteria Update
2023/04/26	Research Update: Agricultural Bank of Taiwan Ratings Affirmed At 'twAAA/twA-1+'; Outlook Stable
2022/05/20	Media Release: Agricultural Bank of Taiwan's Upcoming Series 111-3 Unsecured Subordinated Debentures Rated 'twAA+'
2022/05/06	Media Release: Taiwan Cooperative Bank Upgraded And Several Financial Institution Ratings Affirmed Following Taiwan Upgrade; Outlooks Stable
2022/04/27	Research Update: Agricultural Bank of Taiwan Ratings AffirmedAt 'twAAA/twA-1+'; Outlook Stable
2022/03/22	Media Release: Agricultural Bank of Taiwan's Upcoming Series 111-1 Unsecured Subordinated Debentures Rated 'twAA+'
2021/12/22	Media Release: Selected Taiwan-Based Bank Ratings Affirmed Under Revised Criteria
2021/04/29	Research Update: Agricultural Bank of Taiwan Ratings Affirmed
2021/04/23	Media Release: Ratings And Outlooks On Various Taiwanese Financial Institutions Revised Following Taiwan Upgrade
2020/04/28	Research Update: Agricultural Bank of Taiwan Ratings Affirmed At 'twAAA/twA-1+'; Outlook Stable

Last 5 Years Issue Rating History

Series	Amount (Million)	Issue Date	Maturity Date	Coupon Rate (%)	Rating	Rating Date
104-1/	10,000	2015/2/10	2025/2/10	1.95	twAA	2023/06/20
111-1/A	2,600	2022/3/30	2032/3/30	1.2	twAA	2023/06/20
111-3/	550	2022/6/6	2033/6/6	2	twAA	2023/06/20
101-1-/B	0	--	--	--	NR	2022/10/17