Published: April 09, 2021
Fitch Ratings-Bangkok-08 April 2021: The Viability Ratings (VR) of Thailand’s five largest banks are driven by their domestic franchises, which support through-the-cycle earnings generation and the build-up of sound capital buffers, Fitch Ratings says in a peer review report.
Published: October 08, 2020
Thailand’s recovery after the Covid-19 outbreak is likely to be weighed down by the country’s high reliance on tourism and weak domestic demand, Fitch Ratings analysts said at the agency’s annual conference.
Published: September 07, 2019
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor rejected Fitch Ratings’ downgrading of the city’s sovereign rating on Friday, as the “one country, two systems” principle and the city’s rule of law remain strong despite recent unrest.
Published: March 08, 2019
Thai life insurers' credit profiles can benefit from paying more attention to the quality of their revenue sources, particularly companies operating in a challenging environment, Fitch Ratings stated in its latest report published on Friday.
Published: January 22, 2018
Thai life insurers’ capital adequacy ratios (CARs) will remain steady when stricter capital requirements are applied, likely thanks to the insurers’ conservative investment portfolios, Fitch Ratings said this week.