Current Rating
Rating FAQ
Long-term  :   twAA-
Short-term  :   twA-1+
Outlook  :  Stable
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2018/08/13 twAA- Stable twA-1+
2017/06/19 twA+ Stable twA-1
2016/08/17 twA+ Positive twA-1
2010/07/28 twA+ Stable twA-1
2009/07/16 twA+ Negative twA-1
2004/12/22 twA+ Stable twA-1
2004/09/06 twA+ Stable twA-2
2000/10/03 twA Stable twA-2
Research Analysis
Publish Date Subject
2025/01/07 Media Release: Ratings On SinoPac Holdings And Key Subsidiaries Affirmed Following Acquisition Announcement; Outlooks Stable
2024/08/22 Research Update: Bank SinoPac Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2023/08/28 Research Update: Bank SinoPac Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2022/08/30 Research Update: Bank SinoPac Ratings Affirmed At 'twAA-/twA-1+'; Outlook Stable
2022/01/18 Media Release: Selected Taiwan-Based Bank Ratings Affirmed Under Revised Criteria
2021/08/19 Research Update: Bank SinoPac Ratings Affirmed At 'twAA-/twA-1+'; Stable Outlook
2020/08/19 Research Update: Bank SinoPac Ratings Affirmed At 'twAA-/twA-1+'; Stable Outlook
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
103-3/B   0 -- -- -- NR  2024/09/30
101-1/B   0 -- -- -- NR  2022/09/18
100-2/B   0 -- -- -- NR  2021/08/18
*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.