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Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'
WEDNESDAY, AUGUST 02, 2023
Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades.
Fitch gives thumbs up to Malaysia’s resilience
TUESDAY, JULY 20, 2021
KUALA LUMPUR: Fitch Ratings’ approval comes amid unprecedented credit rating pressures globally, where the three main credit rating agencies had issued 101 negative outlook positions as of end-2020, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
Fitch revises outlook on Thailand to 'Stable' ; affirmed at 'BBB+'
WEDNESDAY, MARCH 18, 2020
Fitch Ratings has revised its Outlook on Thailand's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Positive and has affirmed the rating at 'BBB+', according to its statement relaesed on Tuesday (March 17).
Weaker outlooks for Thai banks and corporates: Fitch
WEDNESDAY, MARCH 18, 2020
Asset quality and earnings of Thai banks will be significantly weaker in 2020 while Thai corporates face challenging credit conditions as the country's economy will be one of the hardest hit by the coronavirus pandemic in the APAC region, Fitch Ratings analysts told Fitch Ratings (Thailand) Limited's webinar today (March 18) .
Fitch upbeat on Thailand's economic resilience amid global trade tensions
WEDNESDAY, OCTOBER 02, 2019
Thailand's sound economic fundamentals can cope with the challenges from global trade tensions, while the Thai banking sector is less exposed to external risks, such as a slowdown in China, relative to other Fitch-rated banks in Asia, according to Fitch Ratings' sovereign and banking analysts at its annual global risk conference in Bangkok today (October 2).
Moody's, Fitch update outlook on Thai banks
TUESDAY, JULY 30, 2019
Moody's Investor Services has affirmed the long-term local and foreign currency deposit ratings of KasikornBank (Kbank), Krung Thai Bank (KTB) and Siam Commercial Bank (SCB) at Baa1, and those of CIMB Thai Plc (CIMBT) and Standard Chartered Bank(Thai) Plc or SCBT at Baa2.
Fitch lifts Thailand’s rating to BBB+ as new govt takes office
FRIDAY, JULY 19, 2019
Fitch Ratings has revised its outlook on Thailand’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to positive from stable and affirmed the rating at BBB+.
Easy Buy given 'AA+' Fitch rating
FRIDAY, JUNE 14, 2019
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AA+(tha)' to Easy Buy Public Company Limited's (EB; AA+(tha)/Stable) upcoming issue of senior unsecured bonds. The bonds will have a tenor of up to three years.
Maybank Kim Eng Securities (Thailand)’s debentures get ‘AA(tha)’ rating from Fitch
TUESDAY, JANUARY 08, 2019
Fitch Ratings (Thailand) on Tuesday assigned a national long-term rating of “AA(tha)” to Maybank Kim Eng Securities (Thailand)’s upcoming baht-denominated subordinated debentures.
MINT securities get BBB+ rating
FRIDAY, DECEMBER 07, 2018
Fitch Ratings has assigned Minor International's (MINT) USD300 million (Bt15.8 billion) guaranteed senior perpetual capital securities a final rating of BBB+.
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