EXIM Thailand Meets with Fitch Ratings to Share Perspectives on Thai and Global Economic Landscape

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Dr. Benjarong Suwankiri, Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), and Mrs. Wanpen Unchundacha, Executive Vice President of EXIM Thailand, met with Mr. James McCormack, Managing Director and Global Head of Sovereign and Supranational Ratings, Fitch Ratings (Hong Kong) Limited, and Mr. Vincent Milton, Managing Director of Fitch Ratings (Thailand) Limited, to exchange insights on Thai and international economic outlook at EXIM Thailand's Head Office on September 7, 2023.

EXIM Thailand Meets with Fitch Ratings to Share Perspectives on Thai and Global Economic Landscape

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EXIM Thailand Showcases Strong Financial Position, Maintaining Highest Long-term National Credit Rating at AAA(tha) for 19 Consecutive Years and Long-term International Credit Rating at BBB+ on Par with Sovereign Rating for 12 Consecutive Years

Dr. Rak Vorrakitpokatorn, President of Export-Import Bank of Thailand (EXIM Thailand), announced that Fitch Ratings Limited has affirmed EXIM Thailand's long-term national credit rating at 'AAA(tha)' with a stable outlook for the 19th straight year. This rating represents the highest level of creditworthiness, signifying the lowest default risk when compared to other banks and companies in the country amid the volatility of Thai and global economies, including the slowdown in exports and rising

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)...

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 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+...

Fitch Affirms Thailand's 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. Fitch has withdrawn...

Fitch Rates EXIM's USD350 Million Senior Notes Final 'BBB+'

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) USD350 million five-year senior unsecured notes a final rating of 'BBB+'. The notes were issued under the bank's recently updated USD 3 billion medium-term note ...

Fitch Rates Thailand's EXIM's USD Senior Notes 'BBB+(EXP)'

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) proposed five-year senior unsecured notes an expected rating of 'BBB+(EXP)'. The proposed notes will be issued under the bank's updated USD3.0 billion medium-term...

Thai Banks' Results Show Buffers Retained Against Ongoing Risks

Thai banks' steady financial performance in 1H21 does not reflect ongoing risks, especially to asset quality, says Fitch Ratings. The recent escalation of the Covid-19 pandemic in Thailand will significantly affect business activity,...