Hang Seng Bank (China) Limited
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Ratings and Achievements
Ratings and Achievements

Ratings

Hang Seng Bank Limited
Rating Agency
Category of rating Rating Assigned As of
Moody’s Investors Service
- Bank financial strength rating B+ May 2007
- Long-term local currency deposits Aa1

- Long-term local currency deposit note / CD Programme Aa1



- Local currency subordinated debt Aa2  
- USD subordinated notes issue Aa2  
- Outlook    
All ratings Stable  
Foreign currency deposit rating Positive  
- Long-term foreign currency deposits Aa2 July 2007
- Short-term foreign currency deposits Prime 1 Jun 2005
- Short-term local currency deposits Prime 1  
Standard & Poor’s
- Outlook on the local and foreign currency long-term credit ratings Positive April 2006
- Foreign currency counterparty credit rating (Long term/ short term) AA/A-1+ Jul 2006 /
Jul 2005
- Local currency counterparty credit rating (Long term/ short term) AA/A-1+ Jul 2006 /
Jun 2005
- Bank fundamental strength rating

B+

Jul 2005
- Local currency subordinated notes issue

A+

Jun 2005
- USD subordinated notes issue A+ Jun 2006
- Insurer financial strength and counterparty credit ratings to Hang Seng Insurance A+

Dec 2005

- Outlook on Hang Seng Insurance’s counterparty credit rating Stable  
- Insurer financial strength and counterparty credit ratings to Hang Seng Life A+ Sep 2005
- Outlook on Hang Seng Life’s counterparty credit rating Stable  
Fitch
- Bank’s individual rating A/B April 2005
A.M. Best Company
- Hang Seng Insurance’s solicited financial strength rating A+ (Superior) March 2006
- Hang Seng Insurance’s issuer credit rating

aa-

 
- Outlook on Hang Seng Insurance’s solicited financial strengthen and issuer credit rating Stable  
- Hang Seng Life’s solicited financial strength A+ (Superior)
- Outlook on Hang Seng Life’s solicited financial strengthen Stable May 2005

Hang Seng Bank (China) Limited
Rating Agency
Category of rating Rating Assigned As of
Standard & Poor’s
- Long-term local currency counterparty rating A+ September 2008
- Long-term foreign currency counterparty rating A+
- Short-term local currency counterparty rating A-1
- Short-term foreign currency counterparty rating A-1



Rankings

The Asian Banker
Ranked Strongest Bank in Asia in the annual Asian Banker 300 survey of the region’s banks (August / September 2005).

The Asset
Named Best Domestic Bank in Hong Kong for the seventh consecutive year in November 2006.

FinanceAsia
Ranked first for Best Commitment to Strong Dividend Payments for the third consecutive year in the Asia’s Best Companies 2006 poll.

Asiamoney
Ranked No. 2 Local Bank (Small Corporations) and No. 2 Local Bank (Medium-sized Corporations) in Cash Management Poll.
Named Best Overall Domestic/Local FX Bank in Hong Kong in the 2004 FX Poll.

Financial Times
Ranked as the 327th Largest Listed Company in the World in terms of market capitalisation in the 2007 FT Global 500.

Wall Street Journal Asia
Ranked No. 1 for Financial Soundness and No.7 Overall in Hong Kong category, 200 Most Admired Companies survey.



Awards

CBN
Hang Seng China Receives "CBN Financial Brand Ranking 2007 - Best Five Foreign Banks" Award

The Asian Banker
Won Best Retail Bank in Asia, Best Retail Bank in Hong Kong and Excellence in Wealth Management Awards at the 2006 Excellence in Retail Financial Services Awards.
Won the Excellence in Wealth Management Award at the 2005 Excellence in Retail Financial Services Awards.

SME’s Best Partner Awards
Won the SME’s Best Partner Award from the Hong Kong Chamber of Small and Medium Business in May 2007.

Hong Kong Awards for Industries
Awarded a Certificate of Merit for Customer Service at the 2005 Hong Kong Awards for Industries.

Federation of Hong Kong Industries
Named Green Enterprise of the Year 2006.

IR Magazine
Hang Seng was Highly Commended in the categories of Best Overall Investor Relations at a Hong Kong Company (large cap), Best Annual Report and Other Corporate Literature and Best Corporate Governance at IR Magazine’s Hong Kong and Taiwan Awards 2006.

China International Finance Forum (CIFF)
Named a China Top 10 Growing Financial Organisation (Hang Seng Shanghai branch) at CIFF 2006 held in September 2006. CIFF is co-organised by the China Council for the Promotion of International Trade and the Shanghai Committee of the Chinese People’s Political Consultative Conference.

China International Public Relations Association
In June 2006, the Hang Seng Bank – Junior Police Call Environmental Detectives Competition 2005 won a Gold Award in the Community Relations category at the 7th China Golden Awards for Excellence in Public Relations organised by the China International Public Relations Association.

Lipper
Three funds managed by Hang Seng Investment Management named Best Fund over 3 Years in different fund categories at the Lipper Fund Awards Hong Kong 2007.

South China Morning Post
Two funds managed by Hang Seng Investment Management awarded Best 3-year Performance in different fund categories; one fund also awarded Best 5-year Performance in its category at SCMP Fund Awards 2007.

Reader’s Digest
Awarded the Reader’s Digest SuperBrands Gold Award in the Banking category in 2004 and 2005; and Trusted Brands Gold Awards in the Banking and Investment Fund Company categories in April 2006 and 2007 in recognition of the Bank’s strong commitment to superior customer service and outstanding performance as regards six attributes: Trustworthiness, Credible Image, Quality, Value, Understanding of Customer Needs and Innovation.

East Week
One of the winners of the Hong Kong Service Awards in 2007.
One of the winners of the Quality Living Award for the second consecutive year in 2006.

Hong Kong Management Association
Won a Bronze Award in the 2006 Best Annual Reports Competition.
Won a Bronze Award and a Certificate of Excellence at the Excellence in Training Awards 2006.

Community Service Awards
Green Enterprise of the Year, Federation of Hong Kong Industries. (2006)
Hang Seng's environmental management systems at its headquarters and Hang Seng Tower are ISO 14001 certified. The Bank was the first local financial institution to receive this international recognition for its sound environmental management practices. (2005 and 2006)
Caring Company, Hong Kong Council of Social Service. (2003/04, 2004/05, 2005/6 and 2006/07)
Gold Award in the Community Relations category, biennial China Golden Awards for Excellence in Public Relations, China International Public Relations Association. (2004 and 2006)
Green Innovative Practice Gold Award, Hong Kong Eco-Business Awards. (2005)
Gold Quill Award, International Association of Business Communicators (IABC). (2003)
Silver Award, Arts Development Council, Arts Development Awards. (2003)
Public Sector Award, PRWeek Awards. (2002)
Gold Quill Award, IABC. (2002)
 
 
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