OPEC Fund Assigned Inaugural Credit Rating of AA+ From Fitch Ratings

The OPEC Fund for International Development (the OPEC Fund) has been assigned an inaugural credit rating of AA+, with stable outlook from Fitch Ratings. Fitch cited the OPEC Fund’s excellent capitalization, liquidity levels and asset quality as key rating strengths. The OPEC Fund’s well-diversified lending book and preferred-creditor status, strong risk management policies and very […]

thaipr.net

30 ก.ค. 64

Thai Banks’ Results Show Buffers Retained Against Ongoing Risks

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 […]

thaipr.net

29 ก.ค. 64
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