KASIKORNBANK PCL - S&P Global Ratings’ Credit Research

KASIKORNBANK PCL

KASIKORNBANK PCL - S&P Global Ratings’ Credit Research
KASIKORNBANK PCL
Published Dec 27, 2018
13 pages (3943 words) — Published Dec 27, 2018
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong market position and franchise as the fourth-largest bank in Thailand. Above-average earnings and a well-diversified loan book. Government support due to the bank's high systemic importance. Pressure on asset quality owing to difficulties in the small and midsize enterprise (SME) sector as a result of high economic risk. The stable outlook on KASIKORNBANK PCL (KBank) reflects our expectation that asset quality issues for the bank will remain stable over the next 12-18 months. We also expect the KBank to maintain its high systemic importance in Thailand. We could downgrade KBank in the next 12-18 months if the bank's asset quality weakens. The possibility of an upgrade is limited over the next 12-18 months. The rating on KBank reflects our

  
Brief Excerpt:

...Pressure on asset quality owing to difficulties in the small and midsize enterprise (SME) sector as a result of high economic risk. Outlook: Stable The stable outlook on KASIKORNBANK PCL (KBank) reflects our expectation that asset quality issues for the bank will remain stable over the next 12-18 months. We also expect the KBank to maintain its high systemic importance in Thailand. We could downgrade KBank in the next 12-18 months if the bank's asset quality weakens. The possibility of an upgrade is limited over the next 12-18 months....

  
Report Type:

Full Report

Ticker
TFB@TB
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Region
Emerging Markets
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "KASIKORNBANK PCL" Dec 27, 2018. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/KASIKORNBANK-PCL-2148288>
  
APA:
S&P Global Ratings’ Credit Research. (). KASIKORNBANK PCL Dec 27, 2018. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/KASIKORNBANK-PCL-2148288>
  
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