Fitch Releases 2015 Thailand National Ratings Transition Stud
BANGKOK & NEW YORK & SINGAPORE--(BUSINESS WIRE)-- Fitch Ratings has published its 'Fitch Thailand National Ratings 2015 Transition Study'. The report provides data and analysis on the performance of Fitch Thailand's public long-term national ratings comprising financial and nonfinancial corporates and structured finance ratings, both in 2015 and over the long term.
Fitch Thailand recorded no national ratings defaults for financial institutions, corporates, or structured-finance securities through 2015.
Fitch's national rating scale ranks the degree of perceived risk relative to the lowest default risk in that same country. National ratings exclude the effects of sovereign and transfer risk and exclude the possibility that investors outside the country may be unable to repatriate any due interest and principal repayments. National scale ratings are not directly comparable with Fitch's international ratings or with national ratings in other countries. Consequently, national ratings are identified by the addition of a special identifier for the country concerned, such as 'AAA(tha)' for national ratings in Thailand.
This special report is available at www.fitchratings.com under Rating Transition & Default Studies. It should be read in conjunction with Fitch's National Scale Ratings Criteria.
Additional information is available at www.fitchratings.com
Fitch Thailand National Ratings 2015 Transition Study
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=884788
Applicable Criteria
National Scale Ratings Criteria (pub. 30 Oct 2013)
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=720082
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160715005459/en/
Fitch Ratings
Jackerin Jeeradit
Associate Director
+662
108 0163
Fitch Ratings (Thailand) Limited
Level 17, Park
Ventures, 57 Wireless Road, Lumpini, Patumwan,
Bangkok 10330,
Thailand
or
Charlotte Needham
Senior Director
+1-212-908-0794
Fitch
Ratings, Inc.
New York, NY 10004
or
Media Relations:
Athos
Larkou, +44 203 530 1549, London
[email protected]
Source: Fitch Ratings
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