Fitch Rates ICBCTL’s Senior Unsecured Notes ‘AAA(tha)’

Fitch Ratings (Thailand) has assigned ICBC (Thai) Leasing Company Limited’s (ICBCTL, AAA(tha)/Stable/F1+(tha)) senior unsecured notes a National Long-Term Rating of ‘AAA(tha)’. The notes will be issued under the 2022 medium-term note programme and the proceeds will be used for debt repayment and/or working capital. KEY RATING DRIVERSThe senior unsecured notes are rated at the same […]

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SC Ventures partners with Yabx to expand access to Financial Services in Africa

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm has entered into a Memorandum of Understanding (MOU) with Yabx, a company incubated by Comviva and part of the Mahindra Group, to address a deep-rooted need for responsible consumer finance in Africa. Africa has over 700 million mobile wallets, and about 450 million bank accounts but access to formal […]

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14 ก.พ. 66

Fitch Affirms Thai Reinsurance at IFS ‘A-‘; Outlook Stable

Fitch Ratings has affirmed Thai Reinsurance Public Company Limited’s (THRE) Insurer Financial Strength (IFS) Rating at ‘A-‘ (Strong). The Outlook is Stable. The affirmation reflects THRE’s ‘Favourable’ company profile, ‘Strong’ capitalisation, and ‘Good’ investment and liquidity risk. It also takes into consideration THRE’s temporarily weak underwriting performance in 2022 due to…

thaipr.net

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