New York, August 18, 2014 -- Moody's Investors Service affirmed the ratings of American Savings Bank. The following ratings of the bank were affirmed: C bank financial strength rating; A3 long-term deposit, other senior obligation and long-term issuer ratings; and Prime-2 short-term deposit and other short-term senior obligation ratings. The standalone baseline credit assessment of a3 was maintained. The outlook is stable. American Saving Bank is a subsidiary of Hawaiian Electric Industries, Inc. ((P)Baa2 senior unsecured).

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