FITCH UPGRADES Press Releases http://www.thailand4.com/fitchupgrades/ Fitch Upgrades Thailand#s TMB, TBANK, TCAP and Affirms Other Mid- and Small-Sized Banks Fitch Ratings has upgraded the National Long-Term Ratings of Thailand-based TMB Bank Public Company Limited and Thanachart Bank Public Company Limited (TBANK) to 'AA-(tha)', from 'A+(tha)', and the National Long-Term Rating of TBANK's holding company, th-TH Wed, 19 Sep 2018 0:56:28 +0700 Fitch Upgrades Asia Plus Group Holdings to #A(tha)#; Outlook Stable http://www.thailand4.com/.fin/2018-07-13/99a9f2d452baee2440c6c0ef27a4743e/ Fitch has today upgraded the National Long-Term Rating on Asia Plus Group Holdings Public Company Limited (ASP) to #A(tha)# from #A-(tha)#. The Outlook is Stable. At the same time, the agency has upgraded ASP#s National Short-Term Rating to #F1(tha)# http://www.thailand4.com/.fin/2018-07-13/99a9f2d452baee2440c6c0ef27a4743e/ Fri, 13 Jul 2018 10:36:19 +0700 Fitch Upgrades KTB#s Short-Term IDR to #F2#; Affirms 4 Other Thai D-SIBs http://www.thailand4.com/.fin/2018-05-02/b2b2f7dd5f2db216d4e56574dcbdcbe5/ Fitch Ratings-Bangkok/Singapore-02 May 2018: Fitch Ratings has today upgraded Krung Thai Bank Public Company Limited#s (KTB) Short-Term Issuer Default Rating (IDR) to #F2# from #F3#, and affirmed its Long-Term IDR at #BBB# and its National Long-Term http://www.thailand4.com/.fin/2018-05-02/b2b2f7dd5f2db216d4e56574dcbdcbe5/ Wed, 02 May 2018 16:18:28 +0700 Fitch Upgrades TREIT to #A(tha)#; Removes Rating Watch Positive http://www.thailand4.com/.fin/2018-02-22/7f4bb994c7274811077d8bb0f566c7b4/ Fitch Ratings (Thailand) Limited has upgraded TICON Freehold and Leasehold Real Estate Investment Trust#s (TREIT) National Long-Term Rating and its national senior unsecured rating to #A(tha)# from #A-(tha)#. The ratings have been removed Rating Watch http://www.thailand4.com/.fin/2018-02-22/7f4bb994c7274811077d8bb0f566c7b4/ Thu, 22 Feb 2018 16:48:06 +0700 Fitch Upgrades Siam Cement Rating to #A+(tha)#; Outlook Stable http://www.thailand4.com/.fin/2018-02-09/d943685e34a6884226c9aabc93a6b1c1/ Fitch Ratings (Thailand) Limited has upgraded the National Long-Term Rating and the senior unsecured rating of The Siam Cement Public Company Limited (SCC) to #A+(tha)# from #A(tha)#. The Outlook is Stable. At the same time, Fitch has assigned the http://www.thailand4.com/.fin/2018-02-09/d943685e34a6884226c9aabc93a6b1c1/ Fri, 09 Feb 2018 9:39:42 +0700 Fitch Upgrades National Rating of Capital Nomura to #AA(tha)#; Outlook Stable http://www.thailand4.com/.fin/2017-12-07/5c2d4642a619e5265242db98b6fc40b5/ Fitch Ratings has upgraded the National Long-Term Rating of Capital Nomura Securities Public Company Limited (CNS) to #AA(tha)# from #AA-(tha)#. The Rating Outlook is Stable. A full list of rating actions is at the end of this commentary. The upgrade http://www.thailand4.com/.fin/2017-12-07/5c2d4642a619e5265242db98b6fc40b5/ Thu, 07 Dec 2017 16:00:52 +0700 Fitch Upgrades TMB#s National Short-Term Affirms Other Thai Mid-Sized Banks http://www.thailand4.com/.fin/2017-10-25/26314f278f9f1585b568b0fd0d2a07a3/ Fitch Ratings has upgraded TMB Bank Public Company Limited#s (TMB) National Short-Term Rating to #F1+(tha)# from #F1(tha)#, and affirmed the bank#s Long-Term Issuer Default Rating (IDR). The agency has also affirmed the Long-Term IDR of Bank of Ayudhya http://www.thailand4.com/.fin/2017-10-25/26314f278f9f1585b568b0fd0d2a07a3/ Wed, 25 Oct 2017 11:12:33 +0700 Fitch Upgrades National Ratings of 9 Thai Financial Institutions http://www.thailand4.com/.fin/2016-08-02/373c019be33ca7429eb4af1bed666a8d/ Fitch Ratings has today upgraded the National Long-Term Ratings of nine financial institutions in Thailand as follows: - Bangkok Bank Public Company Limited (BBL), Kasikornbank Public Company Limited (KBank), Siam Commercial Bank Public Company Limited http://www.thailand4.com/.fin/2016-08-02/373c019be33ca7429eb4af1bed666a8d/ Tue, 02 Aug 2016 16:26:09 +0700 Fitch Upgrades AEONTS National Long-Term Rating to #A-(tha) http://www.thailand4.com/.fin/2016-04-22/7100c6d8832a6880bb95c48c8598cb01/ Fitch Ratings (Thailand) has today upgraded Aeon Thana Sinsap (Thailand) Public Company Limited#s (AEONTS) National Long-Term Rating to #A-(tha)# from #BBB+(tha)#. The Outlook is Stable. The National Short-Term Rating has been affirmed at #F2(tha)#. The http://www.thailand4.com/.fin/2016-04-22/7100c6d8832a6880bb95c48c8598cb01/ Fri, 22 Apr 2016 16:51:49 +0700 Fitch Upgrades Thailands TASCO to A-(tha); Outlook Stable http://www.thailand4.com/.fin/2015-09-09/e81f259027faab381da03815de1f7d82/ Fitch Ratings (Thailand) has upgraded Tipco Asphalt Public Company Limited#s (TASCO) National Long-Term Rating to #A-(tha)# from #BBB+(tha)# and affirmed that National Short-Term Rating at #F2(tha)#. The Outlook is Stable. The upgrade reflects an http://www.thailand4.com/.fin/2015-09-09/e81f259027faab381da03815de1f7d82/ Wed, 09 Sep 2015 10:28:15 +0700 Fitch upgrades two Vietnamese banks to B+; Outlook stable http://www.thailand4.com/.fin/2014-11-06/0a72424484f365604f633214e4434b83/ Singapore - Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) and Support Rating Floors (SRFs) of two Vietnamese government-owned banks - Vietnam Bank for Agriculture and Rural Development (Agribank) and Vietnam Joint Stock http://www.thailand4.com/.fin/2014-11-06/0a72424484f365604f633214e4434b83/ Thu, 06 Nov 2014 17:09:57 +0700 Fitch Upgrades Muang Thai Life to IFS A-; Outlook Stable http://www.thailand4.com/.fin/2014-04-29/0b12b972b1591b8e7d7ddd81cbc73602/ Fitch Ratings has upgraded Muang Thai Life Assurance Public Company Limiteds (MTL) International Insurer Financial Strength (IFS) Rating to A- from BBB+ and its National IFS Rating to AAA(tha) from http://www.thailand4.com/.fin/2014-04-29/0b12b972b1591b8e7d7ddd81cbc73602/ Tue, 29 Apr 2014 11:05:39 +0700 Fitch Upgrades Bangkok Mass Transit#s Debentures to #AAA(tha)# http://www.thailand4.com/.fin/2014-01-29/9761266035bc883c9ee3dd262742e787/ Fitch Ratings (Thailand) Limited has upgraded the National Long-Term Ratings of Bangkok Mass Transit System Public Company Limiteds (BTSC) three tranches of debentures that are unconditionally and irrevocably guaranteed by Bank of Ayudhya Public http://www.thailand4.com/.fin/2014-01-29/9761266035bc883c9ee3dd262742e787/ Wed, 29 Jan 2014 12:49:04 +0700 Fitch Upgrades Bank of Ayudhya to A-/AAA(tha); Outlook Stable http://www.thailand4.com/.fin/2014-01-28/b02989d0f8271d776c1350b365d405ec/ Fitch Ratings has upgraded Bank of Ayudhya Public Company Limiteds (BAY) Long-Term Issuer Default Rating (IDR) to A- from BBB and its National Long-Term Rating to AAA(tha) from AA-(tha). The http://www.thailand4.com/.fin/2014-01-28/b02989d0f8271d776c1350b365d405ec/ Tue, 28 Jan 2014 14:38:09 +0700 Fitch Upgrades DTACs IDR BBB, National Rating to AA(tha) http://www.thailand4.com/.fin/2013-10-28/aeeeee274a2ee577c28e3ac5302abfc4/ Fitch Ratings has upgraded Total Access Communication Public Company Limiteds (DTAC) Long-Term Foreign-Currency and Local-Currency Issuer Default Ratings (IDR) to BBB from BBB-, National Long-Term Rating to http://www.thailand4.com/.fin/2013-10-28/aeeeee274a2ee577c28e3ac5302abfc4/ Mon, 28 Oct 2013 16:53:11 +0700 Fitch Upgrades Thailands AWN to AA+(tha); Stable Outlook http://www.thailand4.com/.fin/2013-10-28/6ab0af939066c9a96d43db434e459c68/ Fitch Ratings (Thailand) Limited has upgraded Advanced Wireless Network Company Limiteds (AWN) National Long-Term Rating to AA+(tha) from AA(tha). The Outlook is Stable. At the same time, Fitch has affirmed its National http://www.thailand4.com/.fin/2013-10-28/6ab0af939066c9a96d43db434e459c68/ Mon, 28 Oct 2013 16:51:08 +0700 Fitch Upgrades AISs National Rating to AA+(tha); Stable Outlook http://www.thailand4.com/.fin/2013-10-28/254f81ec09050b6c54a2d033442e3899/ Fitch Ratings has upgraded Advanced Info Service Public Company Limiteds (AIS) National Long-Term Rating to AA+(tha) from AA(tha) and senior unsecured rating to AA+(tha) from AA(tha). The http://www.thailand4.com/.fin/2013-10-28/254f81ec09050b6c54a2d033442e3899/ Mon, 28 Oct 2013 16:48:37 +0700 Fitch Upgrades Thailand#s PTTGC to #AA(tha)#; Outlook Stable http://www.thailand4.com/.fin/2013-06-17/15086f3344bcaa62386f0bf3c2981eb8/ Fitch Ratings (Thailand) Limited has upgraded PTT Global Chemical Public Company Limited#s (PTTGC) rating and its senior unsecured debentures to National Long-Term #AA(tha)# from #AA-(tha)#. The Outlook is Stable. Its National Short-Term rating has been http://www.thailand4.com/.fin/2013-06-17/15086f3344bcaa62386f0bf3c2981eb8/ Mon, 17 Jun 2013 8:37:33 +0700 Fitch Upgrades Thailand#s SME Affirms IBANK http://www.thailand4.com/.fin/2013-05-23/57bc2f95ce93cf0066fa171f52aa6f82/ Fitch Ratings has upgraded Small and Medium Enterprise Development Bank of Thailand#s (SME Bank) National Long-Term Rating to #AAA(tha)# from #AA+(tha)#. At the same time, Fitch has affirmed Islamic Bank of Thailand#s (IBANK) Long-Term IDR and Support http://www.thailand4.com/.fin/2013-05-23/57bc2f95ce93cf0066fa171f52aa6f82/ Thu, 23 May 2013 11:12:19 +0700 Fitch Upgrades Ek-Chai Distribution Systems Guaranteed Debentures to AAA(tha); Outlook Negative http://www.thailand4.com/.fin/2013-03-12/fb12887c5771f2ad32de6214c53b8e35/ Fitch Ratings (Thailand) Limited has upgraded the National Long-Term rating of Ek-Chai Distribution System Company Limiteds (ECDS) debentures due 2015 to AAA(tha) from AA+(tha). The Outlook is revised to Negative from http://www.thailand4.com/.fin/2013-03-12/fb12887c5771f2ad32de6214c53b8e35/ Tue, 12 Mar 2013 17:02:37 +0700 Fitch Upgrades PTT#s Foreign Currency IDR to #BBB+# http://www.thailand4.com/.fin/2013-03-11/02ed372b43e7cdcdd9f528ca073014ae/ Fitch Ratings has upgraded Thailand-based PTT Public Company Limited#s (PTT) Long-Term Foreign-Currency Issuer Default Ratings (IDR) to #BBB+# from #BBB# and its Short-Term Foreign-Currency IDR to #F2# from #F3#. The Outlook is Stable. At the same time, http://www.thailand4.com/.fin/2013-03-11/02ed372b43e7cdcdd9f528ca073014ae/ Mon, 11 Mar 2013 14:17:52 +0700 Fitch Upgrades 3 Thai Banks# IDRs on Sovereign Affirms KTB http://www.thailand4.com/.fin/2013-03-11/3c278300481405ea7a61f04ed66d2f90/ Fitch Ratings has upgraded three Thai banks, Export-Import Bank of Thailand#s (EXIM), Standard Chartered Bank (Thai) Public Company Limited#s (SCBT) and United Overseas Bank (Thai) Public Company Limited#s (UOBT)) Long-term Foreign Currency IDRs (LTFC http://www.thailand4.com/.fin/2013-03-11/3c278300481405ea7a61f04ed66d2f90/ Mon, 11 Mar 2013 13:33:20 +0700 Fitch Upgrades Kiatnakin to A-(tha); Withdraws Ratings http://www.thailand4.com/.fin/2012-12-12/20b6c70fbe0cee486d728e64d099c54f/ Fitch Ratings (Thailand) Limited has upgraded Kiatnakin Bank Public Company Limiteds (KK) National Long-Term rating toA-(tha) from BBB+(tha). The Outlook is Stable. Fitch also affirmed the banks National http://www.thailand4.com/.fin/2012-12-12/20b6c70fbe0cee486d728e64d099c54f/ Wed, 12 Dec 2012 11:11:23 +0700 Fitch Upgrades Maybank Kim Eng Securities (Thailand) to #AA(tha)#; Outlook Stable http://www.thailand4.com/.fin/2012-08-31/f6b1bdbd572273d2634eae55699f2720/ Fitch Ratings (Thailand) Limited has upgraded Maybank Kim Eng Securities (Thailand) Public Company Limited#s (MBKET) National Long-Term Rating to #AA(tha)# from #AA-(tha)#. The Outlook is Stable. At the same time, the agency has affirmed MBKET#s National http://www.thailand4.com/.fin/2012-08-31/f6b1bdbd572273d2634eae55699f2720/ Fri, 31 Aug 2012 16:55:54 +0700 Fitch Upgrades SCB Securities to #AA-(tha)#; Outlook Stable http://www.thailand4.com/.fin/2012-08-31/a50eea55c067ce69ca3da81bfdc4c831/ Fitch Ratings (Thailand) Limited has upgraded SCB Securities Company Limited#s (SCBS) National Long-Term Rating to #AA-(tha)# from #A+(tha)#. The Outlook is Stable. At the same time, the agency has affirmed SCBS#s National Short-Term Rating at http://www.thailand4.com/.fin/2012-08-31/a50eea55c067ce69ca3da81bfdc4c831/ Fri, 31 Aug 2012 14:58:20 +0700 Fitch upgrades ICBC Thailand to #AAA# http://www.thailand4.com/.fin/2012-06-08/8e0618371c4891385d4d666259ef3255/ Bangkok/ Hong Kong/ Singapore, June 7th 2012 - Fitch Ratings (Thailand) has upgraded Industrial and Commercial Bank of China (Thai) Public Company Limited#s (ICBCT) National Long-Term Rating to #AAA(tha)# from #AA+(tha)#. The Outlook is Stable. At the http://www.thailand4.com/.fin/2012-06-08/8e0618371c4891385d4d666259ef3255/ Fri, 08 Jun 2012 9:41:35 +0700 Fitch Upgrades ICBC (Thai) to #AAA(tha)#; Outlook Stable http://www.thailand4.com/.fin/2012-06-07/229b0fba143a775992cdce130a8ad1bf/ Fitch Ratings (Thailand) has upgraded Industrial and Commercial Bank of China (Thai) Public Company Limited#s (ICBCT) National Long-Term Rating to #AAA(tha)# from #AA+(tha)#. The Outlook is Stable. At the same time, the agency has affirmed its National http://www.thailand4.com/.fin/2012-06-07/229b0fba143a775992cdce130a8ad1bf/ Thu, 07 Jun 2012 16:01:51 +0700 Fitch Upgrades Standard Chartered Bank (Thai)s LTLC IDR to A+ http://www.thailand4.com/.fin/2012-03-13/936d71cd895e793119ccf0c2620b0f37/ Fitch Ratings has upgraded Standard Chartered Bank (Thai) Public Company Limiteds (SCBT) Long-Term Local Currency Issuer Default Rating (LTLC IDR) to A+ from A and affirmed all other ratings. The LTLC IDR Outlook is http://www.thailand4.com/.fin/2012-03-13/936d71cd895e793119ccf0c2620b0f37/ Tue, 13 Mar 2012 16:36:52 +0700 Fitch Upgrades Standard Chartered Bank (Thai)#s LTLC IDR to #A+# http://www.thailand4.com/.fin/2012-03-12/6ed3e4626665560d68af8d8311de4947/ Fitch Ratings has upgraded Standard Chartered Bank (Thai) Public Company Limited#s (SCBT) Long-Term Local Currency Issuer Default Rating (LTLC IDR) to #A+# from #A# and affirmed all other ratings. The LTLC IDR Outlook is Negative. A full rating breakdown http://www.thailand4.com/.fin/2012-03-12/6ed3e4626665560d68af8d8311de4947/ Mon, 12 Mar 2012 17:01:34 +0700 Fitch Upgrades Muang Thai Life to AA+(tha); Outlook Stable http://www.thailand4.com/.fin/2011-12-15/b5b6a9839e9822fe6177700cf42b6092/ Fitch Ratings has upgraded Muang Thai Life Assurance Company Limiteds (MTL) National Insurer Financial Strength (IFS) Rating to AA+(tha) from AA(tha). The Outlook is Stable. At the same time, the International Insurer http://www.thailand4.com/.fin/2011-12-15/b5b6a9839e9822fe6177700cf42b6092/ Thu, 15 Dec 2011 8:19:47 +0700