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Krungthai Card gets 2 ‘A+’ ratings from TRIS

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  • Krungthai Card gets 2 ‘A+’ ratings ...

TRIS Rating has affirmed the company rating of Krungthai Card PLC (KTC) and the ratings of its existing senior unsecured debentures at “A+”. 

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At the same time, TRIS Rating assigns a “A+” rating to KTC’s proposed issue of up to Bt16 billion in senior unsecured debentures due within 10 years. 
The ratings reflect an enhancement from KTC’s stand-alone rating, as a strategically important subsidiary of its parent bank, Krung Thai Bank Plc (KTB).

Published : April 09, 2018

By : The Nation