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Published on 3/23/2020 in the Prospect News Emerging Markets Daily.

Fitch revises EXIM Thailand view to stable

Fitch Ratings said it revised the outlook on the long-term foreign-currency issuer default ratings of Export-Import Bank of Thailand and Krung Thai Bank PCL to stable from positive. At the same time, Fitch affirmed the Thai banks' long-term foreign-currency IDRs.

The rating action follows Fitch's revision of the outlook on Thailand's long-term foreign-currency IDR to stable from positive on March 17.

Other ratings for EXIM and KTB are not affected.


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