Monthly Archives: April 2020

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Moody’s downgrades Thailand’s rating outlook to stable from positive

BankingBy bkp April 22, 2020

Moody’s downgrades Thailand’s rating outlook to stable from positive The decision to change the outlook to stable reflects Moody’s view that the drivers of the outlook change to positive last July have become significantly less likely to materialize. Singapore, April 21, 2020 — Moody’s Investors Service (“Moody’s”) has today changed its outlook on the Government…

Thailand’s Banking Outlook changed to negative (Moody’s)

BankingBy bkp April 3, 2020

Thailand’s Banking Outlook changed to negative (Moody’s) Moody’s has changed the outlook for Thailand’s banking system to negative from positive as coronavirus outbreak hurts asset quality and profitability Moody’s has changed the outlook for Thailand’s banking system to negative from positive. The operating environment for the country’s banks will deteriorate in the next 12-18 months…