Posted at 12:17 p.m., Tuesday, September 19, 2006
Business briefs: Moody's says outlook positive for BOH
Advertiser Staff
Moody's Investor Service changes its outlook for Bank of Hawaii Corp.'s debt and financial strength ratings to positive from stable.The change "reflects Moody's increased confidence that Bank of Hawaii can maintain its superior profitability over the long -term relative to its peer group while upholding its current conservative credit profile," Moody's said in a news release.
Moody's noted that Bank of Hawaii's strong market position in Hawaii — with approximately 28 percent of deposits — is a source of "recurring and stable earnings."
UH business school gets $50,000 grant from KMH LLP
The Shidler College of Business at the University of Hawaii has received a gift of $50,000 from KMH LLP toward the establishment of the Donald A. Corbin Distinguished Professorship in Accounting.
"We're extremely pround of our association with KMH LLP and their commitment to improving the quality of accounting education in Hawaii," said Vance Roley, Dean of the business school.
