finance_text_en

Thai banks’ steady financial performance in 1H21 does not reflect ongoing risks, especially to asset quality, says Fitch Ratings. The recent escalation of the Covid-19 pandemic in Thailand will significantly affect business activity, while the Bank of Thailand’s regulatory relief measures will reduce asset-quality pressures on bank balance sheets until 2022. However, Fitch believes that […]

Fitch Ratings has assigned Minor International Public Company Limited’s (MINT) US dollar guaranteed senior perpetual capital securities a final rating of ‘BBB’. The final rating reflects the credit enhancement provided to investors by the unconditional and irrevocable guarantee from Thailand-based Bangkok Bank Public Company Limited (BBL, BBB/Stable) acting through its Singapore branch. The final rating […]

Fitch Ratings has affirmed Standard Chartered Bank (Thai) Public Company Limited’s (SCBT) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘A-‘ with a Negative Outlook. KEY RATING DRIVERSIDRS, SUPPORT RATING AND NATIONAL RATINGS SCBT’s IDRs and Support Rating are driven by our assessment of institutional support. The agency believes SCBT’s parent, Standard Chartered Bank […]