Fitch Ratings: Affirms China Merchants Bank (03968.HK) "A-" long-term foreign currency issuer rating; outlook stable.

On July 3, Fitch confirmed China Merchants Bank Co., Ltd. (referred to as "China Merchants Bank" 03968.HK600036.SH) long-term issuer default rating (IDR) as "A-" and short-term IDR as "F1". The government support rating (GSR) is "a-". The outlook is stable. Additionally, Fitch also raised the bank's viability rating (VR) from "bb+" to "bbb-".