FEIBFar Eastern International Bank (Taipei, Taiwan)
FEIBFirearms and Explosives Imports Branch (US ATF)
FEIBFire and Explosion Investigation Bureau (Ohio)
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References in periodicals archive ?
FEIB's rating affirmation reflects our expectations that the bank will sustain its capitalisation through managed credit growth and maintain largely stable profitability and asset quality over the next year or two.
FEIB, Taichung and SCSB have a Support Rating of '4' and Support Rating Floors of 'B+', reflecting their low systemic importance.
FEIB and Taichung's Basel II-compliant subordinated debt is rated one notch below their National Long-Term Ratings to reflect its subordinated status and the absence of a going-concern loss-absorption mechanism.
FEIB and Taichung's Basel III-compliant subordinated debt is rated two notches below their National Long-Term Ratings, which are anchored by their respective Viability Ratings, to reflect the bonds' limited recovery prospects.
Meanwhile, FEIB's ratings reflect its adequate capitalisation and satisfactory liquidity position, largely in tune with other similarly C/D-rated peers.
The outlook remains "negative", based on Fitch's concerns on the sustainability of FEIB's profit level, despite a turnaround in profit in 2009.
In Fitch's view, FEIB's short-to-medium term internal capital generation may be tempered by the integration costs connected with its acquisition of the "good bank" portion of the failed Chinfon Commercial Bank, as well as potentially higher provisioning for some of the bank's restructured loans to meet a more stringent loan-loss reserve requirement.