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Fitch affirms EXIM bank
Fitch Ratings said it affirmed the ratings of Export-Import Bank of Thailand (EXIM), including its long-term foreign-currency issuer default rating at BBB+, short-term foreign-currency issuer default rating at F2, national long-term rating at AAA(tha), national short-term rating at F1+(tha), support rating at 2, support rating floor at BBB+ and outstanding senior unsecured bonds at AAA(tha).
The outlook is stable.
The bank's ratings are linked to the sovereign ratings as the bank is fully-owned and controlled by Thailand's Ministry of Finance, Fitch said.
Fitch also said it believes there is a high probability that state support would be forthcoming, if necessary.
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