Wednesday, November 13, 2024

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Moody’s Ratings affirms EXIM Bank of Thailand’s Baa1 ratings with outlook remaining stable

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Moody’s Ratings has affirmed the Export-Import Bank of Thailand’s (EXIMT) foreign currency long-term issuer rating of Baa1, as well as its foreign currency senior unsecured ratings. The bank’s Baseline Credit Assessment (BCA) remains at ba3, which reflects the bank’s creditworthiness.

The affirmation signals Moody’s confidence in EXIMT’s financial stability and its role in supporting Thailand’s export sector. The ratings take into account the bank’s sound financial performance and solid capital position.

Moody’s outlook on EXIMT remains stable, indicating that there is no immediate pressure on the ratings for potential change. This stability supports investors’ confidence in the bank’s operations and strategic importance.

Source link : Moody’s Ratings affirms EXIM Bank of Thailand’s Baa1 ratings with outlook remaining stable

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