Fitch Ratings: Upgrades China CITIC Bank's long-term foreign currency issuer rating to "A-" with a stable outlook.

On March 31, Fitch Ratings upgraded China CITIC Bank Corporation Limited's long-term foreign currency issuer default rating (IDR) from "BBB+" to "A-", with a stable outlook. Fitch also upgraded the government support rating (GSR) from "bbb+" to "a-" and confirmed the short-term IDR as "F1".