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Saturday, April 27, 2024

Moody’s affirms Bangkok Bank’s Baa1 ratings with a stable outlook

Moody’s Ratings has confirmed the Baa1/P-2 long-term and short-term foreign currency deposit ratings of Bangkok Bank Public Company Limited (BBL), as well as the (P)Baa1 foreign currency senior unsecured medium-term note program rating of the bank.

Moody’s has also affirmed the bank’s baa1 Baseline Credit Assessment (BCA) and Adjusted BCA, A3/P-2 LT and ST FC and local currency (LC) Counterparty Risk Ratings (CRRs), A3(cr)/P-2(cr) LT and ST Counterparty Risk (CR) Assessments, (P)Baa3 FC subordinate MTN program rating, (P)Ba1 FC preferred stock non-cumulative MTN program and (P)P-2 FC other ST rating.

At the same time, Moody’s has affirmed Bangkok Bank Public Company Ltd. (Hong Kong)’s Baa1 FC senior unsecured rating, (P)Baa1 FC senior unsecured MTN program rating, A3/P-2 LT and ST FC and LC CRRs, A3(cr)/P-2(cr) LT and ST CR Assessments, Baa3 (hyb) FC subordinate rating, Baa2…

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