Fitch revises Bank of Ayudhya and Easy Buy views to negative

Fitch Ratings said it revised the outlooks for Bank of Ayudhya pcl and Easy Buy PCL to negative from stable.

The revision comes following the change in outlooks for the bank’s parent Mitsubishi UFJ Financial Group, Inc. and ACOM Co., Ltd., which controls Easy Buy, to negative.

Fitch affirmed the bank’s A- rating and the Easy Buy’s AA+ (tha) rating.

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