ข่าวประชาสัมพันธ์ Fitch Ratings+the company

Fitch Affirms Thailand's Land and Houses Securities at 'AA(tha)': Outlook Stable

Fitch Ratings (Thailand) has affirmed Land and Houses Securities Public Company Limited's (LHS) National Long-Term Rating at 'AA(tha)' and National Short-Term Rating at 'F1+(tha)'. The Outlook is Stable. Key Rating Drivers Parental Support Drives Ratings: The ratings are based on Fitch's expectation of extraordinary support from LHS's parent, LH Financial Group Public Company Limited (LHFG, AA+(tha)/Stable), in the event of stress. The ratings also consider the company's credit worthiness

Fitch Downgrades FNS Holdings to 'B-(tha)'; on Rating Watch Negative

Fitch Ratings (Thailand) Limited has downgraded FNS Holdings Public Company Limited's National Long-Term Rating to 'B-(tha)', from 'B(tha)'. All of FNS's ratings have been placed on Rating Watch Negative (RWN). The downgrade and RWN...

Thailand Faces Rising Global Headwinds

Thailand's economic recovery could be constrained by a global slowdown, while the new coalition government's economic stimulus policies could lead to higher government debt, Fitch Ratings analysts said at the company's annual conference on Thailand held today....

Fitch Affirms DAOL Securities (Thailand) at 'BB+(tha)'; Removes RWN; Outlook Stable

Fitch Ratings has affirmed DAOL Securities (Thailand) Public Company Limited's (DAOLSEC) National Long-Term Rating at 'BB+(tha)' and National Short-Term Rating at 'B(tha)', and removed them from Rating Watch Negative ...

Fitch Affirms Thailand's Siam City Cement at 'A(tha)'; Outlook Stable

Fitch Ratings has affirmed Thailand-based Siam City Cement Public Company Limited's (SCCC) National Long-Term Rating at 'A(tha)', its National Short-Term Rating at 'F1(tha)' and the National Long-Term Rating on its senior unsecured...

Fitch Rates Asia Sermkij Leasing's THB Senior Unsecured Debentures 'A(tha)'

Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'A(tha)' to Asia Sermkij Leasing Public Company Limited's (ASK, A(tha)/Stable) upcoming issue of Thai baht senior unsecured debentures. The proceeds will be...

Fitch Rates AIS's Proposed Debentures 'AA+(tha)'

Fitch Ratings (Thailand) Limited has assigned a 'AA+(tha)' rating to Advanced Info Service Public Company Limited's (AIS; AA+(tha)/Stable) proposed senior unsecured debentures of up to THB10 billion. The proceeds will be used as working capital, to...

Fitch Maintains Rating Watch Negative on Advanced Info Service and Advanced Wireless Network

Fitch Ratings has maintained the Rating Watch Negative (RWN) on the 'AAA(tha)' National Long-Term Rating, 'F1+(tha)' National Short-Term Rating and 'AAA(tha)' senior unsecured rating of Thailand-based...

Fitch Affirms ICBC Thai Leasing at 'AAA(tha)'; Outlook Stable

Fitch Ratings (Thailand) has affirmed ICBC (Thai) Leasing Company Limited's (ICBCTL) National Long-Term Rating at 'AAA(tha)' and National Short-Term Rating at 'F1+(tha)'. The Outlook is Stable. KEY RATING DRIVERSShareholder Support...

Fitch Affirms PAMCO's THB Guaranteed MTN Programme at 'AA+(tha)'/'F1+(tha)'

Fitch Ratings (Thailand) has affirmed Phahonyothin Asset Management Co., Ltd.'s (PAMCO) THB30 billion medium-term note (MTN) programme at a National Long-Term Rating of 'AA+(tha)' and National Short-Term Rating of 'F1+(tha)'....

Fitch Affirms IRPC at 'BBB+(tha)'; Withdraws Ratings

Fitch Ratings (Thailand) has affirmed IRPC Public Company Limited's (IRPC) National Long-Term Rating, senior unsecured rating, and the ratings on its senior unsecured debentures at 'BBB+(tha)'. The Outlook is Stable. Fitch has affirmed the National...

Fitch Upgrades Advanced Info Service, Advanced Wireless Network to 'AAA(tha)'; Outlook Stable

Fitch Ratings has upgraded Thailand-based telecommunications company Advanced Info Service Public Company Limited's (AIS) and subsidiary Advanced Wireless Network Company Limited's (AWN) National Long-Term...

Fitch Rates Thai EXIM's USD100 Million Senior Notes Final 'BBB+'

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) USD100 million three-year senior unsecured notes a final rating of 'BBB+'. The notes were issued under the bank's USD3 billion medium-term note (MTN)...

Fitch Affirms Thailand at 'BBB+'; Outlook Stable

Fitch Ratings has affirmed Thailand's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERSExternal Strengths, Structural...

Weak Profitability of Thai Securities Companies May Trigger Consolidation

Weak profitability in Thailand's securities sector is likely to lead to greater impetus for consolidation, particularly for smaller independent companies that have weaker franchises, Fitch Ratings says in a new report....

Fitch Assigns Thai ORIX Leasing's Guaranteed Bonds Final 'AAA(tha)'

Fitch Ratings (Thailand) has assigned Thai ORIX Leasing Co., Ltd.'s (TOLC) Thai baht guaranteed bonds a final National Long-Term Rating of 'AAA(tha)'. The outlook is Stable. The final rating is in line with the expected rating...

Dr. Benjarong Suwankiri, Senior Executive... EXIM Thailand Meets with Fitch Ratings to Share Perspectives on Thai and Global Economic Landscape — Dr. Benjarong Suwankiri, Senior Executive Vice Presid...

Fitch Affirms Eastern Polymer Group at 'A-(tha)'; Outlook Stable

Fitch Ratings (Thailand) has affirmed Eastern Polymer Group Public Company Limited's (EPG) National Long-Term Rating and the National Long-Term Rating on its senior unsecured debt at 'A-(tha)'. The Outlook is Stable. The affirmation...

Fitch Affirms Thailand at 'BBB+'; Outlook Stable

Fitch Ratings has affirmed Thailand's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERSExternal Strengths, Structural...

Fitch Affirms Standard Chartered Bank (Thai) at 'A-'; Outlook Stable

Fitch Ratings has affirmed Standard Chartered Bank (Thai) Public Company Limited (SCBT) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A-'. The Outlooks are Stable. Fitch has also affirmed the bank's...

Fitch Affirms Minor International's USD Guaranteed Securities at 'BBB'

Fitch Ratings has affirmed the ratings on Minor International Public Company Limited's (MINT) US dollar guaranteed senior perpetual capital securities at 'BBB'. The rating reflects the credit enhancement provided to investors by...