Fitch affirms Export-Import Bank of Thailand

Fitch Ratings said it affirmed Export-Import Bank of Thailand's long-term foreign-currency issuer default rating at BBB and national long-term rating at AAA(tha).

The outlook is stable.

The ratings strongly correlate with those of Thailand's sovereign ratings due to the bank's full ownership and control by the Ministry of Finance, partial debt guarantee by the government and its policy role as Thailand's principal export credit agency, Fitch said.

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