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Published on 11/29/2021 in the Prospect News Emerging Markets Daily.

Fitch revises CIMB Thai view to stable

Fitch Ratings said it revised the outlook on CIMB Thai Bank PCL to stable from negative and affirmed the national long-term rating at AA-(tha). Fitch also affirmed Cimbt's medium-term note program at AA-(tha).

“The revision of the outlook for Cimbt is consistent with Fitch's view on the credit profile of Cimbt's parent bank, Malaysia-based CIMB Bank Bhd. (CIMB Bank),” the agency said in a press release.


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