CIMB THAI Bank's National Long-Term Rating has been upgraded to 'AA(tha)' from 'AA-(tha)' with a stable outlook by Fitch Ratings (Thailand). The upgrade reflects the Bank's improved operating performance, enhancing its ability to support the long-term business objectives of its parent group. It also underscores CIMB THAI's strong credit profile compared with other leading domestic financial institutions rated by Fitch.
According to Fitch, the Bank's operating profit to risk-weighted assets ratio rose to 1.3% in 2024, from 0.7% in 2023, reflecting stronger profitability. Key financial ratios including common equity Tier 1 (CET1) ratio, impaired-loan ratio, and loan-to-deposits ratio have also steadily improved over the past several years, signaling a solid financial foundation and effective risk management.
Fitch further noted that CIMB THAI benefits from extraordinary support from the CIMB Group, given its strategic role in driving ASEAN expansion. Leveraging the Group's extensive regional network, CIMB THAI provides cross-border solutions in investment, trade, and treasury services. CIMB Bank is one of Malaysia's leading banks with a strong ASEAN footprint, diversified business portfolio, and established strengths in investment banking and regional treasury management.
Mr. Jason Leong Kok Yew, Senior Executive Vice President, Head of Finance at CIMB THAI Bank, said "This credit rating upgrade reaffirms market confidence in CIMB THAI's financial strength and our important role in advancing CIMB Group's ASEAN strategy. We will continue to leverage our expertise and regional network to create new opportunities for customers and foster stronger economic connectivity across ASEAN, under our Forward30 roadmap that aims Advancing Customers and Society."
ไทยถูกปรับ Credit rating outlook ลงมาเป็นลบ กดดันเงินบาทอ่อนค่า SCB FM มองเงินบาทในกรอบ 31.00-32.00 บาทต่อดอลลาร์ ปลายปี