ข่าวประชาสัมพันธ์ Fitch Ratings

Fitch Affirms Thai EXIM at 'BBB+'; Outlook Stable

Fitch Ratings has affirmed Export-Import Bank of Thailand's (EXIM) Long-Term Issuer Default Rating (IDR) at 'BBB+' and National Long-Term Rating at 'AAA(tha)'. The Outlook is Stable. A full list of rating actions is below. Key Rating Drivers Ratings Aligned with Sovereign: EXIM's ratings are driven by its Government Support Rating (GSR), and the bank's Long-Term and Short-Term IDRs are equalised with those of the Thai sovereign (BBB+/Stable/F1). This reflects Fitch's assessment of a high

Fitch Rates GC Treasury Center's Proposed USD Perpetual Debentures 'BB'

Fitch Ratings has assigned GC Treasury Center Company Limited's proposed US dollar subordinated perpetual debentures a rating of 'BB'. The debentures are guaranteed by Thailand-based PTT Global Chemical Public Company Limited ...

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 Drivers Shareholder Support Drives...

Fitch Affirms DAD SPV's Bonds at 'AAAsf(tha)'; Outlook Stable

Fitch Ratings Bangkok 09 Jul 2025: Fitch Ratings (Thailand) has affirmed DAD SPV Company Limited's (DAD SPV) bonds at 'AAAsf(tha)' with a Stable Outlook. The CMBS transaction is backed by 30-year lease and fee payments from the government...

Fitch Affirms SCBX and Siam Commercial Bank at 'BBB' and 'AA+(tha)'; Outlook Stable

Fitch Ratings has affirmed SCB X Public Company Limited's (SCBX) and The Siam Commercial Bank Public Company Limited's (SCB) Long-Term Issuer Default Ratings (IDRs) at 'BBB' and National Long-Term Ratings at 'AA+(tha)...

Fitch Assigns Xayaburi Power's Non-Guaranteed Thai Baht Debentures Final 'B+'; Outlook Stable

Fitch Ratings has assigned Laos-based Xayaburi Power Company Limited's (XPCL, B+/Stable) Thai baht senior unsecured non-guaranteed debentures due 2030 a final rating of 'B+'. The Outlook is Stable. RATING...

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...

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 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...

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...

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....