Fitch affirms Thailand’s SME Bank at ‘AAA(tha)’; Outlook Stable.
Fitch Ratings has affirmed Small and Medium Enterprise Development Bank of Thailand’s (SME Bank) National Long-Term Rating at ‘AAA(tha)’. The Outlook is Stable. The agency has also affirmed the bank’s National Short-Term Rating at ‘F1+(tha)’. KEY RATING DRIVERSGovernment Support Drives Ratings: SME Bank’s National Ratings reflect Fitch’s view that the Thai sovereign (BBB+/Stable) will provide…
