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Fitch Ratings has affirmed Kasikorn Securities Public Company Limited’s (KS) National Long-Term Rating at ‘AA(tha)’ and National Short-Term Rating at ‘F1+(tha)’. The Outlook is Stable. KEY RATING DRIVERSThe ratings are underpinned by support from KS’s parent, KASIKORNBANK Public Company Limited (KBank; BBB/AA+(tha)/Stable). KS is an important part of KBank’s universal banking platform, as the…

Fitch Ratings (Thailand) has placed SCB Securities Public Company Limited’s (SCBS) National Long-Term Rating of ‘AA(tha)’ on Rating Watch Evolving (RWE), and affirmed the National Short-Term Rating at ‘F1+(tha)’. KEY RATING DRIVERSThe RWE reflects uncertainty over the rating impact of a group restructuring, which will change SCBS’s direct parent from The Siam Commercial Bank Public […]