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Moody’s affirms key EXIM Thailand ratings, with stable outlook
Corporate October 08, 2018 18:09
By The Nation
Moody’s Investors Service has affirmed Export-Import Bank of Thailand’s (EXIM Thailand) long-term issuer rating of “Baa1”, as well as the “(P)Baa1” rating on the bank’s US$1.5-billion (Bt49.4 billion) senior unsecured medium-term note programme.
At the same time, Moody’s affirmed on Monday the bank’s “ba2” baseline credit assessment (BCA) and assigned an adjusted BCA of “ba2”.
Moody’s has also affirmed EXIM Thailand’s counterparty risk assessment of “Baa1(cr)/P-2(cr)” and its local and foreign currency counterparty risk rating of “Baa1/P-2”.
The outlook on the bank is stable.
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