finance_text_en | Page 86 of 105

bolttech extends Series A funding round to US$210 million

The company welcomes two new strategic investors to its series A to accelerate international expansion: Singapore-based global investor, EDBI Alma Mundi Insurtech Fund, Spain bolttech, one of the fastest growing international insurtech unicorns, today announced the extension of its recently-announced US$180 million series A funding round led by Activant Capital Group, bringing the series total […]

21 ก.ย. 64 13:30

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21 ก.ย. 64

Fitch Rates United Overseas Bank (Thai)’s Senior Bonds ‘AAA(tha)’

Fitch Ratings (Thailand) has assigned a National Long-Term Rating of ‘AAA(tha)’ to United Overseas Bank (Thai) Public Company Limited’s (UOBT; AAA(tha)/Stable) upcoming issue of up to THB5 billion senior unsecured bonds. The bonds will have a tenor of three years. KEY RATING DRIVERSThe bonds are rated at the same level as UOBT’s National Long-Term Rating […]

17 ก.ย. 64 10:52

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17 ก.ย. 64

Fitch Affirms THB Senior Notes of SMBC Bangkok Branch at ‘AAA(tha)’

Fitch Ratings (Thailand) has affirmed the ‘AAA(tha)’ National Long-Term Rating on the Thai baht senior unsecured notes of Sumitomo Mitsui Banking Corporation’s (SMBC; A/Negative/F1) Bangkok Branch. KEY RATING DRIVERSThe note rating is based on SMBC’s Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘A’, which is two notches higher than Thailand’s Long-Term Local-Currency IDR of…

17 ก.ย. 64 9:57

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17 ก.ย. 64

Fitch Affirms CIMB Thai Bank at ‘AA-(tha)’; Outlook Negative

Fitch Ratings (Thailand) has affirmed CIMB Thai Bank Public Company Limited’s (CIMBT) National Long-Term Rating and National Short-Term Rating at ‘AA-(tha)’ and ‘F1+(tha), respectively. The Outlook is Negative. At the same time, we have affirmed CIMBT’s medium-term note (MTN) programme at ‘AA-(tha)’ and ‘F1+(tha)’. KEY RATING DRIVERSNational Ratings: CIMBT’s National Ratings are based…

17 ก.ย. 64 9:51

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17 ก.ย. 64

Lifestyle superapp Traveloka expands its Financial Services offering and partners with Bank Negara Indonesia for Southeast Asia’s first PayLater ‘Virtual Card Number’

The ‘Virtual Card Number’ allows Traveloka users to transact on e-commerce platforms outside the Traveloka ecosystem, and introduces the option of installment payment methods utilizing the user’s PayLater credit limit. As the pioneer of the PayLater payment method in Indonesia, the Traveloka PayLater ‘Virtual Card Number’ is another example of Traveloka’s ambition to provide safe […]

17 ก.ย. 64 8:00

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17 ก.ย. 64

Fitch Upgrades TMBThanachart Bank’s IDR to ‘BBB’, National Rating to ‘AA+(tha)’; Outlook Stable,

Fitch Ratings has upgraded TMBThanachart Bank Public Company Limited’s (TTB) Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB-‘ and the National Long-Term Rating to ‘AA+(tha)’ from ‘AA-(tha)’. The Outlook is Stable. Fitch has also upgraded the Short-Term IDR to ‘F2’ from ‘F3’ and affirmed the National Short-Term Rating at ‘F1+(tha)’. A full list of…

16 ก.ย. 64 15:48

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16 ก.ย. 64

Fitch Affirms SMTB Thai at ‘AAA(tha)’; Outlook Stable

Fitch Ratings has affirmed the National Long-Term Rating of Sumitomo Mitsui Trust Bank (Thai) Public Company Limited (SMTBT) at ‘AAA(tha)’. The Outlook is Stable. Fitch has also affirmed the National Short-Term Rating at ‘F1+(tha)’. KEY RATING DRIVERSSMTBT’s ratings are driven by its role as a strategically important subsidiary of Japan-based parent, Sumitomo Mitsui Trust Bank, […]

16 ก.ย. 64 11:33

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16 ก.ย. 64

UOB Thailand issues THB1 billion THOR-linked floating rate notes to help drive Thailand’s transition to the new reference rate

UOB Thailand is the first foreign bank in Thailand to issue floating rate notes referencing the Thailand Overnight Repurchase Rate (THOR), reflecting the Bank’s commitment to helping drive the country’s transition to the new reference rate. With a transaction size of THB 1 billion, the floating rate notes are name-registered, unsubordinated and unsecured, without Bondholder […]

15 ก.ย. 64 14:38

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15 ก.ย. 64

SET joins hands with SEC to promote SMEs & start-ups, paving the way for potential listing

The Stock Exchange of Thailand (SET) and the Office of the Securities and Exchange Commission (SEC) organized the “LiVE Demo Day: The New Road to Capital Market” on September 14, 2021, to highlight role in inclusively offering capital market funds to small and medium-sized enterprises (SMEs) and start-ups. The event’s keynote speech was delivered by […]

14 ก.ย. 64 17:04

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14 ก.ย. 64

Binance welcomes new Director of Audit and Investigations Aron Akbiyikian

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has welcomed Aron Akbiyikian to the Audit and Investigations team, where he will help to ensure that Binance and the larger crypto industry are a safer place for all users with a strong emphasis on removing the worst elements of the world from the ecosystem. […]

14 ก.ย. 64 8:00

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14 ก.ย. 64