Tuesday November 13, 2018 12:16

Stcoks Press Release : 12 Jul 2018

Photo Release: SCB kicks off Shanghai Branch to provide seamless connectivity connectivity for Sino-Thai investment Stcoks—12 Jul 18

Siam Commercial Bank has inaugurated its Shanghai Branch in The People's Republic of China as part of its strategy to connect Sino-Thai trade and investment, targeting Chinese corporates seeking to expand into Thailand and neighboring countries, and

Fitch Affirms KTB Securities (Thailand) at #BB(tha)#; Outlook Stable Stcoks—12 Jul 18

Bangkok--12 Jul--Fitch Ratings

Fitch Ratings-Bangkok-12 July 2018: Fitch Ratings (Thailand) has affirmed KTB Securities (Thailand) Public Company Limited's (KTBST) National Long-Term Rating at 'BB(tha)' with a Stable Outlook and National Short-Term Rating at 'B(tha)'.

KEY RATING DRIVERS

KTBST's National Ratings are based on its standalone financial profile and reflect its small domestic franchise, with less than 1.5% market share in 1Q18, and weak financials compared with other Fitch-rated Thai securities peers. The ratings are supported by a new management team that has turned around the company's successive net losses prior to 2016. Nonetheless, Fitch expects KTBST's improving performance to remain more volatile than that of domestic rated peers over the medium-term due to its weaker franchise, as reflected in its less diversified and developing business model, and higher costs.

KTBST has weaker capitalisation than domestic peers, but its planned 2019 stock market listing and improving performance could strengthen its capital position at the current rating. KTBST is more exposed to funding and liquidity risk due to its unproven funding stability and limited history of capital market access. The company plans to reduce its reliance on short-term funding and broaden its funding sources by issuing subordinated debentur

SCB kicks off Shanghai Branch to provide seamless connectivity for Sino-Thai Stcoks—12 Jul 18

Siam Commercial Bank has inaugurated its Shanghai Branch in The People's Republic of China as part of its strategy to connect Sino-Thai trade and investment, targeting Chinese corporates seeking to expand into Thailand and neighboring countries, and

Fitch Affirms Thailand#s Finansia Syrus at #BBB+(tha)#; Outlook Stable Stcoks—12 Jul 18

Fitch Ratings-Bangkok-12 July 2018: Fitch Ratings (Thailand) has affirmed Finansia Syrus Securities Public Company Limited's (FSS) National Long-Term Rating at 'BBB+(tha)' with a Stable Outlook, and its National Short-Term Rating at 'F2(tha)'. KEY RATING

Photo Release: Bangkok Bank receives Money Banking Award 2018 win in Bank of the Year and Best Stcoks—12 Jul 18

Bangkok Bank President Chartsiri Sophonpanich led a team of management and employees to receive Money & Banking Awards 2018 in "Bank of the Year 2018", this is the 8th win in 10 years, beginning in 2009, additionally Bangkok Bank received the Best

Munich Re Figures Show Fewer Severe Natural Disasters in the First Half of the Stcoks—12 Jul 18

- The first half of 2018 was fortunate in that natural disasters across the world caused significantly lower losses than usual. According to provisional figures, overall losses were around US$ 33bn, the lowest level since 2005 (US$ 29bn after adjustment

China UnionPay: China Takes the Lead in Piloting Mobile Payment, Delivering Convenience-Enhancing Stcoks—12 Jul 18

With just a mobile phone in your hand, you can hop on the subway or bus, shop in a supermarket or convenience store, pay for needed supplies while on campus or settle a traffic fine via the mobile Quick Pass function. This is now part and parcel of the

Photo Release: KBank extends 9.38 billion in loans for the construction of Linglong Tire Stcoks—12 Jul 18

At the InterContinental Bangkok Hotel, Mr. Patchara Samalapa (right), KBank President, and Mr. Wang Feng, Chairman and CEO of Shandong Linglong Tire Co., Ltd., a leading Chinese tire manufacturer, recently signed a financial facility agreement of 285

SET welcomes integrated engineering consultant TEAMG on July 12 Stcoks—12 Jul 18

The Stock Exchange of Thailand (SET) will list TEAM Consulting Engineering and Management pcl, an integrated consulting service provider for engineering and environmental services, including Environmental Impact Assessment (EIA) report preparation, on