HYAKUGO BANK; FRONTIER BANKING
Ratings
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Hyakugo Bank Group
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  Six-Year Summary
     (Consolidated)

Six-Year Summary
     (Non-Consolidated)
Annual Report 2004
 
  Message from the President
The Second Management
     Plan of the New Century

Increasing Income
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     Nonperforming Loans

Financial Review
Financial Section
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     Investor Information
Annual Report Back Numbers
Hyakugo Bank's Corporate Social Responsibilities
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Hyakugo Bank’s high rating among Japanese banks reflects its sound financial structure and high-quality assets.
 
People want to deposit their money in a bank they can trust. Ratings provide one measure for choosing a sound bank.
 
Hyakugo Bank has an A- rating from Standard & Poor’s, the second highest rating from that company among all domestic Japanese banks. Hyakugo Bank also has an A+ rating from Rating and Investment Information, Inc., the fourth highest rating from that company among regional banks in Japan.

  Standard & Poor’s
  AAA  
  AA+  
  AA  
  AA-  
  A+ 1 regional bank
  A  
-> A- Hyakugo Bank (and another 3 regional banks)
  BBB+ 12 regional banks, 1 city bank
  BBB 3 regional banks, 4 city banks
  BBB- 1 regional bank, 1 city bank
  BB+ 1 regional bank
  B+  
 
   D
  Rating and Investment
Information, Inc. (R&I)
  AAA  
  AA+  
  AA 1 regional bank
  AA- 2 regional banks, 1 city bank
-> A+ Hyakugo Bank (and another 12 regional banks)
  A 5 regional banks, 1 city bank
  A- 5 regional banks, 3 city banks
  BBB+ 1 regional bank
  BBB 1 regional bank, 1 city bank
  BBB- 4 regional banks
  BB+  
  B+  
 
   C
  (As of April 30, 2004)
*1 This chart applies to long-term ratings.
*2 Regional banks in this chart include secondary regional banks.

What is a rating?
A rating is a rank assigned by an impartial third-party rating agency. This rating indicates the likelihood that deposits or bonds will be repaid at the original interest rates, and also indicates the soundness and creditworthiness of the company itself.
 
Standard & Poor’s and Rating and Investment Information, Inc. are among five rating agencies that have been adopted by the Financial Services Agency in Japan.

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