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Ratings On Bangkok Bank On Watch Neg After Military Coup; Ratings On 6 Banks Affirmed Sep 06

  • ID: 2092240
  • September 2006
  • Standard & Poors

FEATURED COMPANIES

  • KASIKORNBANK PCL
  • Thailand (Kingdom of)
  • TMB Bank Public Co. Ltd.
  • MORE

Abstract
SINGAPORE (Standard & Poor's) Sept. 20, 2006--Standard & Poor's Ratings Services today placed the 'BBB+/A-2' counterparty credit ratings on Bangkok Bank Public Co. Ltd. (Bangkok Bank) on CreditWatch with negative implications, following a military coup in Thailand. The 'BBB' rating on Bangkok Bank's subordinated debt was also placed on CreditWatch with negative implications. Standard & Poor's also affirmed the ratings on the following banks and insurance companies in Thailand. -- Bank of Ayudhya Public Co. Ltd. (BBB-/Stable/A-3); -- Krung Thai Bank Public Co. Ltd. (BBB/Stable/A-2); -- KASIKORNBANK Public Co. Ltd. (BBB/Stable/A-2); -- Siam Commercial Bank Public Co. Ltd. (BBB/Stable/A-2); -- Thai Life Insurance Co. Ltd. (local currency A-/Stable/--); -- Thai Reinsurance Public Co. Ltd. (local currency BBB+/Stable/--); -- TMB Bank...

Companies mentioned in this report are:
- Bangkok Bank Public Co. Ltd.
- Thailand (Kingdom of)
- KASIKORNBANK PCL
- Siam Commercial Bank Public Co. Ltd.
- TMB Bank Public Co. Ltd.
- Krung Thai Bank Public Co. Ltd.
- Bank of Ayudhya Public Co. Ltd.
- United Overseas Bank (Thai) Public Co. Ltd.
- Thai READ MORE >

Note: Product cover images may vary from those shown

- Bangkok Bank Public Co. Ltd.
- Thailand (Kingdom of)
- KASIKORNBANK PCL
- Siam Commercial Bank Public Co. Ltd.
- TMB Bank Public Co. Ltd.
- Krung Thai Bank Public Co. Ltd.
- Bank of Ayudhya Public Co. Ltd.
- United Overseas Bank (Thai) Public Co. Ltd.
- Thai Reinsurance Public Co. Ltd.
- Thai Life Insurance Public Co. Ltd.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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