Thursday October 24, 2019 04:24

Stcoks Press Release : 23 May 2019

TMB re-affirms its leadership position in the Thai banking industry by launching the first ever Multi Currency Account in Thailand allowing exporters to manage six major currencies in one account Stcoks—23 May 19

TMB continues to develop digital solutions that truly meet customer's need, creating positive changes to customer's life, along with its Make THE Difference philosophy, to re-affirm its market leadership position. TMB today becomes the first bank in

Fitch Rates EXIM#s USD300 Million Senior Notes Final #BBB+# Stcoks—23 May 19

Bangkok--23 May--Fitch Ratings

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) USD300 million five-year senior unsecured notes a final rating of 'BBB+'. The notes were issued under the bank's USD1.5 billion medium-term note (MTN) programme.

The assignment of the final rating follows the receipt of final documents conforming to the information already received. The final rating is the same as the expected rating assigned on 15 May 2019.
KEY RATING DRIVERS
Fitch rates the senior notes at the same level as EXIM's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BBB+' as they constitute the bank's unsecured and unsubordinated obligations.

EXIM's ratings are equalised with the Thai sovereign's Long-Term Foreign-Currency IDR, and reflect Fitch's belief that the government would provide extraordinary support to the bank. EXIM is a state policy bank established under specific legislation, and wholly owned by the Thai Ministry of Finance, which controls the bank's management and strategy.

RATING SENSITIVITIES

The rating on the senior unsecured notes would be directly affected by any changes in EXIM's Long-Term Foreign-Currency IDR, which in turn would be sensitive to changes in Thailand's sovereign rating. EXIM's rating could also be downgraded if the sove

Phaoto Release: EXIM Thailand Join Hands with F.T.I. To Support Thai SMEs and Large Enterprises to Stcoks—23 May 19

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Supant Mongkolsuthree, Chairman of the Federation of Thai Industries (F.T.I.), sign a Memorandum of Understanding (MOU) between EXIM Thailand and F.T.I. to

SCB and SCG win two awards from The Asset for supply chain management innovation Stcoks—23 May 19

Siam Commercial Bank (SCB) President and Digital Ventures Chief Executive Officer Orapong Thien-Ngern and SCG Vice President-Corporate Administration Yuttana Jiamtragan jointly announced the success of SCB and SCG in recently winning two prestigious

Photo Release: KTC joins forces with Lotte Duty free in inviting members to fly, travel and shop Stcoks—23 May 19

"KTC" or Krungthai Card Public Company Limited, jointly with Lotte Duty Free Korea, please KTC credit card members to fly, travel and shop with worthwhileness at Korea as part of the "Seoul Good" Eat, Travel and Shop at Seoul with worthwhileness at Lotte

Photo Release: Chulalongkorn University entrusts KTAM to manage private fund for another 3 Stcoks—23 May 19

Professor Dr. Bundhit Eua-arporn (4th from left), President of Chulalongkorn University accompanied by Mrs. Chavinda Hanratanakool (3rd from left), Chief Executive Officer of Krung Thai Asset Management (KTAM) at the signing ceremony for the contract

Prime Day Overview: 23,485 Users Snap Up 3 Billion RSR 188 Bitcoin Stcoks—23 May 19

Huobi marked the ninth anniversary of Bitcoin Pizza Day with our third Huobi Prime launch plus a special sale of Bitcoin up to 50% off. Huobi Global ushered in the ninth anniversary of Bitcoin Pizza Day with a bit of history of its own this year; the