DBRS Discontinues Guaranteed Short-Term Rating of HSBC Canada
Banking OrganizationsDBRS has today discontinued the guaranteed short-term instrument rating of HSBC Bank Canada as all short-term instruments that were guaranteed by HSBC Holdings plc have been repaid.
Notes:
The applicable methodology is Rating Banks in Canada, which can be found on our website under Methodologies.
This is a Corporate (Financial Institutions) rating.
Ratings
ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.