Taiwan Shin Kong Commercial Bank Co. Ltd.
Current Rating
Rating FAQ
Long-term  :   twA+
Short-term  :   twA-1
Outlook  :  Watch Dev
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2024/08/27 twA+ Watch Dev twA-1
2024/03/07 twA+ Negative twA-1
2023/05/29 twAA- Negative twA-1+
2022/05/30 twAA- Stable twA-1+
2020/05/29 twAA- Negative twA-1+
2013/05/29 twAA- Stable twA-1+
2012/08/24 twAA- Negative twA-1+
2009/04/29 twAA- Stable twA-1+
2009/01/21 twAA Watch Neg twA-1+
2007/10/31 twAA Stable twA-1+
2006/05/19 twA+ Stable twA-1
2006/01/03 twA Stable twA-2
2005/09/12 twA- Positive twA-2
2005/04/20 twBBB+ Watch Pos twA-2
2004/12/22 twBBB+ Stable twA-2
2003/10/21 twBBB- Stable twA-3
2001/08/20 twBBB- Negative twA-3
2000/10/04 twBBB- Stable twA-3
Research Analysis
Publish Date Subject
2024/08/27 Media Release: Shin Kong FHC And Key Operating Unit Ratings Placed On CreditWatch Developing On Merger Announcement
2024/05/29 Research Update: Taiwan Shin Kong Commercial Bank Ratings Affirmed At 'twA+/twA-1'; Outlook Negative
2024/04/22 Media Release: Taiwan Shin Kong Bank's Upcoming Series 113-1 Subordinated Debentures Rated 'twA-'
2024/03/07 Media Release: Shin Kong Life, Shin Kong FHC, And Key Group Units Downgraded On Life Insurer's Weak Performance; Outlook Negative
2023/05/29 Media Release: Outlook On Shin Kong FHC And Key Group Units Revised To Negative On Shin Kong Life's High Earning Volatility; Ratings Affirmed
2022/05/30 Media Release: Taiwan Shin Kong Commercial Bank Outlook Revised To Stable From Negative; Ratings Affirmed 'twAA-/twA-1+'
2022/01/18 Media Release: Selected Taiwan-Based Bank Ratings Affirmed Under Revised Criteria
2021/05/27 Media Release: Ratings Affirmed On Shin Kong FHC And Key Group Units; Outlook Negative On Earning Volatilities
2020/05/29 Media Release: Outlook On Shin Kong FHC And Key Group Units Revised To Negative On Heightened Market Volatility; Ratings Affirmed
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
113-1/A   790 2024/05/07 2031/05/07 2.70 twA-  2024/08/27
113-1/B   1,710 2024/05/07 2034/05/07 3.00 twA-  2024/08/27
103-2/   0 -- -- -- NR  2024/12/15
101-1-/B   0 -- -- -- NR  2022/12/28
100-2-/A   0 -- -- -- NR  2021/09/26
99-1-/   0 -- -- -- NR  2020/07/01
101-1-/A   0 -- -- -- NR  2019/12/28
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.