Finance

Fitch Ratings (Thailand) has affirmed Asia Plus Group Holdings Public Company Limited’s (ASP) National Long-Term Rating at ‘A(tha)’ with a Stable Outlook. At the same time, the agency has affirmed ASP’s National Short-Term Rating at ‘F1(tha)’. KEY RATING DRIVERSASP’s ratings reflect its well-established securities franchise and diversified business model relative to Fitch-rated standalone securities…

Fitch Ratings (Thailand) has upgraded the National Long-Term Rating of KTBST Securities Public Company Limited (KTBSTSEC) to ‘BB+(tha)’ from ‘BB(tha)’. The Outlook is Stable. Fitch has also affirmed the company’s National Short-Term Rating and subordinated debt rating at ‘B(tha)’. The upgrade is based on Fitch’s view that the company’s earnings capacity has sustainably improved on […]

Fitch Ratings (Thailand) has affirmed Finansia Syrus Securities Public Company Limited’s (FSS) National Long-Term Rating at ‘BBB+(tha)’, and its National Short-Term Rating at ‘F2(tha)’. The Outlook is Stable. KEY RATING DRIVERSThe National Ratings of FSS reflect the company’s established concentrated franchise in Thailand’s competitive securities brokerage industry, moderate non-brokerage business lines…