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Fitch Affirms United Overseas Bank (Thai) at ‘A-‘ and ‘AAA(tha)’; Outlook Stable

Fitch Ratings has affirmed United Overseas Bank (Thai) Public Company Limited’s (UOBT) Long-Term Issuer Default Rating (IDR) at ‘A-‘ and National Long-Term Rating at ‘AAA(tha)’. The Outlooks are Stable. Fitch has also affirmed the bank’s Shareholder Support Rating (SSR) at ‘a-‘, Short-Term IDR at ‘F1’, and Viability Rating (VR) at ‘bbb-‘. A full list of […]

Finance 21 เม.ย. 66 15:20

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SCBX ANNOUNCED FIRST-QUARTER PROFIT OF BAHT 11.0 BILLION

SCB X Public Company Limited (SCBX) reported consolidated net profit of Baht 11.0 billion for the first quarter of 2023, up 9.5% yoy, while pre-provision operating profit went up 12.0% yoy to Baht…

Finance 21 เม.ย. 66 14:03

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EXIM Thailand Joins Hands with World Leading Financial Institutions in Financing Monsoon Wind Power for Construction of ASEAN Largest Wind Power Plant to Drive Green Economy

Mr. Ittipol Lertsakthanakul, Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently took a group photo with Mr. Woramol Khamkanist, Chief Executive Officer of Impact…

Finance 21 เม.ย. 66 13:262023-04-21

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KASIKORNBANK announces the first quarter of 2023 net profit of Baht 10,741 Million

Ms. Kattiya Indaravijaya, Chief Executive Officer of KASIKORNBANK, said the Thai economic recovery was limited in the first quarter of 2023. Although the tourism sector continued to recover, the…

Finance 21 เม.ย. 66 10:012023-04-21

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KTC urges to boost spending in Supermarket category by offering value deals with year-long privileges that lighten the cost of living.

Mr. Sorachach Srilamul, Head of Credit Card Marketing Division, “KTC” or Krungthai Card Public Company Limited, revealed, “In 2022, Supermarket is one of the main spending categories for KTC credit…

Finance 21 เม.ย. 66 9:462023-04-21

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CIMB THAI posts net profit of THB 830.1 million for 3M2023

Mr. Paul Wong Chee Kin, President and Chief Executive Officer, CIMB Thai Bank PCL (CIMB Thai) commented on the unreviewed consolidated financial results for the three months ended 31 March 2023…

Finance 21 เม.ย. 66 9:232023-04-21

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Krungsri reports first-quarter 2023 earnings of 8.68 billion baht, underscoring solid financial strength and support in building business growth momentum

Krungsri (Bank of Ayudhya PCL and its business units) posts 8,676 million baht in robust net profit for the first quarter of 2023, growing 17.0% over-year, mainly driven by positive growth in net…

Finance 21 เม.ย. 66 8:54

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Bangkok Bank reports a net profit of Baht 10,129 million for the first quarter

The Thai economy continued to expand in the first quarter of 2023, driven mainly by an increase in the number of foreign tourists, which promoting employment and private consumption. At the same…

Finance 21 เม.ย. 66 8:39

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Fitch Affirms Thailand-Based PTT at ‘BBB+’/’AAA(tha)’; Rates Proposed Debentures

Fitch Ratings has affirmed Thailand-based PTT Public Company Limited’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB+’ and National Long-Term Rating at ‘AAA(tha)’. The Outlook is Stable. The agency has also affirmed the Short-Term IDR at ‘F1’, the National Short-Term Rating at F1+(tha), and the ‘AAA(tha)’ rating on PTT’s senior unsecured debentures as…

Finance 21 เม.ย. 66 8:22

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Thailand Becomes Changan Auto’s First Right-Hand Drive EV Production Base Outside of China with 9.8 Billion Baht Investment

Changan Automobile, a leading Chinese car manufacturer, has recently announced it will invest 9.8 billion baht (US$ 285 million) in Thailand, to set up its first right-hand drive electric vehicle…

Finance 20 เม.ย. 66 16:50

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