labels: Fitch Ratings
Fitch views Thailand's credit risk as decreasing, and hopes for a revision of the outlook back to stable following political stability and stronger-than-expected economic performance.
Fitch views Thailand's credit risk as improving compared to last year, following political stability and better-than-expected economic growth. The company also signaled an upward revision to its 2569 GDP forecast.Fitch affirms the U.S. credit rating at AA+, viewing the economy as strong but warning of a potential budget deficit of 7.4% of GDP.
Fitch affirms the U.S. credit rating at AA+ with a stable outlook, viewing the economy as still strong, even though it forecasts GDP growth of only 1.9% for 2569-2570, while monitoring fiscal risks.Keep an eye on Fitch's assessment of Thailand's credit rating; SCB EIC warns that the Thai Ministry of Finance still faces risks.
SCB EIC warns that Thailand shouldn't be complacent after Moody's and S&P gave it the first hurdle, pointing out that the market will still be watching Fitch Ratings' assessment in the second half of the year. It emphasizes that the long-term credibility of monetary policy will determine the cost of funds for the entire country.Fitch warns Vietnam faces debt slump after accelerated lending and plans to lift credit ceiling
Fitch warns Vietnam faces 'debt surge' if government moves forward with lifting credit ceiling by 2569, as loan-to-GDP ratio likely to hit 145% by year-endFitch warns that the weakening Thai economy is poised to cause a sharp drop in loan revenue for four major banks in Q3.
Fitch warns that the Thai economic outlook for 2025-2026 will remain weak, while the four major banks are expected to see a continued decline in net interest income of 8-12% due to cautious lending practices and competition in deposit rates.Deputy Finance Minister reveals 3 reasons why Fitch Ratings downgrades Thailand's outlook, prepares to develop a roadmap for fiscal recovery in November 68
The Deputy Finance Minister pointed to high debt, political instability, and low economic growth as the three main reasons Fitch Ratings has revised its outlook for Thailand to negative. He also revealed that the government is preparing a new Medium-Term Fiscal Framework (MTFF) to lay out a roadmap to revitalize the fiscal position and build confidence within...Fitch Ratings Affirms Thailand's Credit Rating at BBB+, Maintains Stable Outlook
Fitch Ratings Affirms Thailand's Credit Rating at BBB+, Maintains Stable Outlook, Expects Thai GDP to Grow 67% in 2.6, Public Debt to Stand at 61.2% of 69Fitch Ratings expects tourism in Asia Return to pre-COVID levels in 2568.
Fitch Ratings expects tourism in Asia Return to pre-COVID levels in the first half of 2568, but still faces risk factors that will drag demand and spending downFitch downgrades SCGP and the 4 billion baht medium-term bond project to A with a "stable" outlook.
Fitch Ratings (Thailand) downgraded the credit rating of SCG Packaging Public Company Limited (SCGP) and the 4 billion baht medium-term bond project to 'A(tha)' from 'A+(tha). 'The outlook for the credit rating is stable.Fitch looks at U.S. regional banks Facing continued challenges in 2567
Fitch looks at U.S. regional banks It faces continued challenges in 2567, with banks focused on growing commercial lending coming under heavy pressure. As for Q3 results, many regional banks reported pressure on net interest income (NII).
