Updated at 1:23 p.m., Friday, February 2, 2007
Rating agency cites Bank of Hawaii's solid performance
Advertiser Staff
Credit rating agency DBRS Friday confirmed its "A (low)" rating for Bank of Hawaii Corp.DBRS also said the trend for Bank of Hawaii's rating remains stable.
"Given BOH's strong market shares and franchises in Hawaii, sufficiently diverse revenues, and conservative risk management practices, DBRS expects the company to continue producing solid performance in spite of the prevailing difficult interest rate environment and industry-wide softening of asset quality," DBRS said in a news release.
