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S&P Rating List

2010/06/30
Entity Date Released Local Currency Foreign Currency
Corporates
Chunghwa Telecom Co. Ltd. 2008/04/10 N/A AA/Stable/--
Taiwan Semiconductor Manufacturing Co., Ltd. 2010/04/20 A+/Stable/-- A+/Stable/--
Taiwan Power Co. 2009/06/30 A+/Negative/-- A+/Negative/--
Hon Hai Precision Industry Co. Ltd. 2007/11/09 A-/Stable/-- A-/Stable/--
Far EasTone Telecommunications Co. Ltd. 2006/03/02 A-/Stable/-- A-/Stable/--
Formosa Chemicals & Fibre Corp. 2008/05/06 N/A BBB+/Stable/--
Formosa Petrochemical Corp. 2008/05/06 N/A BBB+/Stable/--
Formosa Plastics Corp. 2008/05/06 N/A BBB+/Stable/--
Nan Ya Plastics Corp. 2008/06/06 N/A BBB+/Stable/--
Wan Hai Lines Ltd. 2010/06/03 BB+/Stable/-- BB+/Stable/--
 Bank
Bank of Taiwan 2005/03/21 A+/Stable/A-1 A+/Stable/A-1
China Development Industrial Bank 2009/03/24 A-/Negative/A-2 A-/Negative/A-2
Chinatrust Commercial Bank 2010/02/05 A-/Stable/A-2 A-/Stable/A-2
First Commercial Bank Ltd. 2006/06/26 BBB+/Stable/A-2 BBB+/Stable/A-2
Mega International Commercial Bank Co. Ltd. 2009/10/01 A/Stable/A-1 A/Stable/A-1
Taiwan Cooperative Bank Ltd. 2006/02/20 BBB+/Stable/A-2 BBB+/Stable/A-2
Cathay United Bank 2009/04/29 A-/Stable/A-2 A-/Stable/A-2
Taipei Fubon Bank 2008/12/16 A-/Stable/A-2 A-/Stable/A-2
Bank of SinoPac 2010/07/28 BBB/Stable/A-2 BBB/Stable/A-2
Land Bank of Taiwan 2009/01/12 A-/Stable/A-2 A-/Stable/A-2
E. Sun Commercial Bank Ltd. 2006/08/29 BBB/Stable/A-2 BBB/Stable/A-2
Taiwan Shin Kong Commercial Bank Co. Ltd. 2009/04/29 BBB/Stable/A-2 BBB/Stable/A-2
Standard Chartered Bank (Taiwan) Limited 2010/06/23 A/Stable/A-1 A/Stable/A-1
Yuanta Commercial Bank 2007/08/15 BBB/Stable/A-2 BBB/Stable/A-2
Taishin International Bank Co. Ltd. 2009/09/28 BBB/Stable/A-2 BBB/Stable/A-2
Chang Hwa Commercial Bank 2009/11/09 BBB+/Stable/A-2 BBB+/Stable/A-2
HSBC (Taiwan) Limited 2010/04/01 A+/Stable/A-1 A+/Stable/A-1
Financial Holding Company
Cathay Financial Holding Co. Ltd. 2009/04/29 BBB+/Stable/A-2 BBB+/Stable/A-2
China Development Financial Holding Corp. 2009/03/24 BBB+/Negative/A-2 BBB+/Negative/A-2
Chinatrust Financial Holding Co. 2010/02/05 BBB/Stable/A-3 BBB/Stable/A-3
Fubon Financial Holding Company 2008/12/16 BBB+/Stable/A-2 BBB+/Stable/A-2
SinoPac Holdings 2010/07/28 BBB-/ Stable /A-3 BBB-/ Stable /A-3
Shin Kong Financial Holding Co. Ltd. 2009/04/29 BBB- / Stable / A-3 BBB- / Stable / A-3
Taishin Financial Holding Co. Ltd. 2009/09/28 BBB-/Stable/A-3 BBB-/Stable/A-3
E.SUN Financial Holding Co. Ltd. 2010/06/30 BBB-/Stable/A-3 BBB-/Stable/A-3
Insurance
Chartis Taiwan Insurance Co., Ltd. (formely : AIG General Insurance (Taiwan) ) 2009/03/02 A/Negative/-- N/A
Cathay Life Insurance Co. Ltd. 2009/04/29 A-/Stable/-- N/A
Central Reinsurance Corporation 2006/10/20 A-/Stable/-- N/A
Cathay Century Insurance Co. 2009/04/29 A-/Stable/-- N/A
Chung Kuo Insurance Co. Ltd. 2009/10/01 BBB+/Stable/-- N/A
First Insurance Co. Ltd. 2008/09/18 BBB/Stable/-- N/A
Fubon Insurance Co. Ltd. 2008/12/16 A/Negative/-- N/A
Fubon Life Insurance Co. Ltd. 2009/12/04 A-/Stable/-- N/A
MSIG Mingtai Insurance Co. Ltd. 2010/03/26 A+/Stable/-- N/A
Shinkong Insurance Co. Ltd. 2008/09/18 BBB+/Stable/-- N/A
Shin Kong Life Insurance Co. Ltd. 2009/04/29 BBB / Stable / -- N/A
Taian Insurance Co. Ltd. 2007/07/05 BBB+/Stable/-- N/A
Taiwan Fire & Marine Insurance Co. Ltd. 2007/07/05 BBB+/Stable/-- N/A
Taiwan Life Insurance Co. Ltd. 2010/01/22 BBB/Stable/-- N/A
Tokio Marine Newa Insurance Co. Ltd. 2007/11/26 A-/Stable/-- N/A
Federal Insurance Company-Taiwan 2003/09/10 AA/Stable/-- N/A