Moodyʼs downgrades FHB deposit rating

Ratings

Moodyʼs Investor Service on Tuesday announced the downgrade of the long-term deposit rating of FHB Mortgage Bank to Caa1 from B3 and the Counterparty Risk Assessment to B2(cr) from B1(cr), FBH said yesterday.

The outlook on the long-term deposit ratings was changed to stable from negative.

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