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The Honolulu Advertiser

Posted at 1:41 p.m., Tuesday, May 15, 2007

Fitch Ratings affirms CPF's credit ratings

Advertiser Staff

Fitch Ratings said it is affirming all of its credit ratings for Honolulu-based Central Pacific Financial Corp. given the bank holding company's stable earnings performance and sound financial profile.

It said Central Pacific's ratings outlook is stable, though noted there are some concerns including limited earnings diversity and a cease and desist order related to Bank Secrecy Act issues placed on it by the FDIC.