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Fitch upgrades ratings of TMB and Thanachart banks

Fitch upgrades ratings of TMB and Thanachart banks

September 11, 2018

Fitch Ratings has upgraded the TMB and Thanachart (TBANK) banks’ national long-term ratings to “AA-” from “A+”, and the rating of TBANK’s holding company, Thanachart Capital (TCAP), to “A+”, from “A” and its national short-term rating to “F1+” from “F1”.

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