Fitch: AEON Thana Sinsap up to positive

Fitch Ratings said it has revised AEON Thana Sinsap (Thailand) PCL's outlook to positive from stable.

The company's national ratings have been affirmed at long-term BBB+(tha) and short-term F2(tha).

According to the agency, the revision of outlook to positive reflects the company having withstood several stressed environments as evidenced by manageable delinquency and adequate capital ratios during the global economic downturn in 2008/2009 and major flooding in 2011.

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