Fitch Affirms Krungthai XSpring at ‘AA-(tha)’; Outlook Stable
Fitch has affirmed Krungthai XSpring Securities Company Limited’s (KTX) National Long-Term Rating at ‘AA-(tha)’ and National Short-Term Rating at ‘F1+(tha)’. The Outlook is Stable. KEY RATING DRIVERSShareholder Support-Driven Ratings: The National Long-Term Rating is driven by Fitch’s expectation that KTX’s major shareholder, Krung Thai Bank Public Company Limited (KTB, AAA(tha)/Stable), would provide…
