Fitch affirms Ayudhya

Fitch Ratings said it affirmed Bank of Ayudhya pcl's ratings, including its long-term foreign currency issuer default rating at BBB and national long-term rating at AA-(tha).

The outlook is stable.

The ratings and stable outlook are based on the bank's robust performance, sufficiently strong capital position for its risk profile and, as expected, continued improvement of asset quality.

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