Saturday October 21, 2017 04:42

Stocks and Financial Services Press Releases

KASIKORNBANK announces the nine-month of 2017 net profit of Baht 28,631 Million Stcoks—20 Oct 17

Mr. Predee Daochai, President of KASIKORNBANK, said KASIKORNBANK announced net profit for the nine-month period of 2017 of Baht 28,631 Million, a decrease of 4.34% over the same period of 2016. Operating performance for the nine-month period of 2017

SET wins 2017 outstanding Green Office Award Stcoks—19 Oct 17

The Stock Exchange of Thailand (SET) wins outstanding Green Office Award (Gold level) granted by the Green Office project jointly organized by Ministry of Natural Resources and Environment's Department of Environmental Quality Promotion; and Mahidol

Technological disruption will affect financial reporting, PwC says Stcoks—19 Oct 17

As technological disruption impacts the financial reporting of Thai businesses, accountants need skills – particularly in the digital space – to keep up with the changing times, PwC Thailand says. Providing a good product or service is no

FinTech - A Disruptive Force in the Financial Market Stcoks—19 Oct 17

Experts agree that established financial institutions are facing new players and quickly developing technologies which are causing a growing disruption in the market. FinTech, or financial technology, is opening new possibilities and will bring on

Asia Plantation Capital Announced as #Forestry Investment Company of the Year# by The European Stcoks—20 Oct 17

For the third successive year, Asia Plantation Capital has garnered the title of 'Forestry Investment Company of the Year' at The European Magazine's Business Awards 2017. Asia Plantation Capital is proud to have been recognised yet again for its

Avanti Communications Rating Withdrawn Due To Lack Of Information Stcoks—20 Oct 17

LONDON (S&P Global Ratings) Oct. 20, 2017--S&P Global Ratings today said it withdrew its 'SD' (selective default) corporate credit rating on Avanti Communications Group PLC due to a lack of sufficient information. The action follows our repeated

Mitsui Life Insurance Ratings Affirmed At #A# With Stable Outlook Stcoks—20 Oct 17

TOKYO (S&P Global Ratings) Oct. 20, 2017--S&P Global Ratings today said it has affirmed its 'A' insurer financial strength and long-term issuer credit ratings on Japan-based Mitsui Life Insurance Co. Ltd. Our outlook on the ratings remains

Russia-Based Ingosstrakh Insurance #BB+# Rating Affirmed On Strengthened Capital Outlook Stcoks—20 Oct 17

MOSCOW (S&P Global Ratings) Oct. 20, 2017--S&P Global Ratings said today that it affirmed its 'BB+' long-term credit ratings on Russia-based Ingosstrakh Insurance Co. The outlook is stable. The affirmation reflects our view of Ingosstrakh's

Telepizza Stengthens its Presence in Russia: Converts 15 Stores in Saint Petersburg and Becomes The Stcoks—20 Oct 17

- Telepizza has completed the conversion of 15 stores in Saint Petersburg through a Master Franchise agreement with WWP, becoming the market leader in the region - Telepizza's Master Franchisee WWP, one of the largest QSR operators in the country, has

TBANK achieves strong performance in all business areas, driven by customer centricity and improved Stcoks—20 Oct 17

Thanachart Bank Public Company Limited reported strong third quarter results in 2017 with continuous improvement across all of its core businesses. Profit grew for an 11th consecutive quarter. "Our performance this quarter reaffirms Thanachart Bank

Indiana Municipal Power Agency Supply System Revenue Bonds Assigned #A+# Stcoks—20 Oct 17

CENTENNIAL (S&P Global Ratings) Oct. 19, 2017--S&P Global Ratings assigned its 'A+' rating to Indiana Municipal Power Agency's (IMPA) $123.975 million series 2017A power supply system revenue bonds. Concurrently, we affirmed our: 'A+' long-term

SCB Announces 3Q17 Net Profit of Baht 10.1 Billion Stcoks—20 Oct 17

Siam Commercial Bank and its subsidiaries announced a net profit of Baht 10,130 million for 3Q17 (based on un-reviewed consolidated financial statements), a decrease of 12.2% from the same period last year. The decrease was primarily due to the Bank

Three Guatemalan Banks Downgraded To #BB-# From #BB# On Similar Action On Sovereign, BICRA Revised Stcoks—20 Oct 17

MEXICO CITY (S&P Global Ratings) Oct. 19, 2017--S&P Global Ratings lowered its long-term ICRs on Banco Industrial S.A. (BI), Banco G&T Continental S.A. (Banco G&TC), and Banco Agromercantil de Guatemala S.A. (BAM) to 'BB-' from 'BB'. At

Bangkok Bank reports third quarter 2017 net profit of Baht 8.2 billion Stcoks—20 Oct 17

With the Thai economy continuing to expand amidst ongoing uncertainties over the global economic recovery, Bangkok Bank continues its prudent approach on financial management, maintaining liquidity and capital positions at levels sufficient to support

Rite Aid Corp. #B# Ratings Affirmed, Removed From C Outlook Stable Stcoks—20 Oct 17

NEW YORK (S&P Global Ratings) Oct. 19, 2017--S&P Global Rating today affirmedits ratings on Rite Aid Corp., including its 'B' corporate credit rating, andremoved them from CreditWatch, where they had placed with positiveimplications on Oct. 28,

Transport Sector Is Off Track to Sustainability Stcoks—20 Oct 17

October 19, 2017—The transport sector is not on track towards achieving sustainable mobility, according to the Global Mobility Report launched today. The Global Mobility Report is the first ever assessment of the transport sector. It was produced

Tanzanian Youths Win World Bank Essay Contest Stcoks—20 Oct 17

DAR ES SALAAM, October 19, 2017 – Two Tanzanian youths have been selected winners of the #Blog4Dev Contest 2017 launched earlier this year by the World Bank. With this victory, Aidan Constantine Nzumi and Charles Kapondo will travel to Washington

Europe and Central Asia Region Sees Stronger Growth, Amidst Rise in Stcoks—20 Oct 17

Warsaw, October 19, 2017 – Economic growth for the Europe and Central Asia region will reach 2.2% in 2017, according to the World Bank's latest Regional Economic Update, Migration and Mobility in Europe and Central Asia. This represents the

Polands GDP Growth to Reach 4% in 2017, Before Slowing Down in 2018, Says World Stcoks—20 Oct 17

Warsaw, October 19, 2017 – Poland's economic growth is projected to reach 4.0% in 2017, up from 2.7% in 2016, on the back of robust consumption, a strong labor market, and the child benefit program "Family 500+", according to the World Bank's

7,000 newborns die every day, despite steady decrease in under-five mortality, new report Stcoks—20 Oct 17

At current trends, 30 million newborns will die within first 28 days of life between 2017 and 2030 NEW YORK/GENEVA/WASHINGTON, 19 October 2017 – Every day in 2016,15,000 children died before their fifth birthday, 46 per cent of them – or

U.K.-Based Miller Homes Group Holdings PLC Assigned #B+# Outlook Stable Stcoks—19 Oct 17

FRANKFURT (S&P Global Ratings) Oct. 19, 2017--S&P Global Ratings today assigned its 'B+' long-term corporate credit rating to U.K.-based homebuilder Miller Homes Group Holdings PLC (Miller Homes). The outlook is stable. At the same time, we

Ratings On Queensland Treasury Corp. Affirmed At #AA+/A-1+#; Outlook Remains Stcoks—19 Oct 17

MELBOURNE (S&P Global Ratings) Oct. 19, 2017--S&P Global Ratings today said it has affirmed its 'AA+/A-1+' ratings on Queensland Treasury Corp. (QTC). The outlook remains stable. The ratings on QTC reflect our assessment of an almost certain

Kia Motors Corp.#s Proposed U.S. Dollar Senior Unsecured Bonds Rated Stcoks—19 Oct 17

HONG KONG (S&P Global Ratings) Oct. 19, 2017--S&P Global Ratings today said it has assigned its 'A-' issue rating to the U.S. dollar-denominated senior unsecured bonds issued by Kia Motors Corp. (A-/Negative/--). The company plans to use the

State of Queensland Ratings Affirmed At #AA+/A-1+#; Outlook Stable Stcoks—19 Oct 17

On Oct. 19, 2017, S&P Global Ratings affirmed its 'AA+' long-term foreign currency and local currency ratings and 'A-1+' short-term issuer credit ratings on the Australian State of Queensland (Queensland). The outlook remains stable. OUTLOOK The