Thai banks’ sector outlook revised to neutral on slow recovery
THURSDAY, JUNE 20, 2024
Fitch Ratings has revised the Thai banking sector outlook to neutral from improving, as the subdued pace of economic recovery is likely to limit earnings upside.
If “neutrals” want the charter to pass August 7’s referendum, it may be because they fear the “basket” is bulging. A who’s who of Thailand’s political turmoil have placed their eggs in it, and the load is now big enough to scare everyone - especially if t