Friday June 23, 2017 15:35

BANK OF AYUDHYA Press Releases

Photo Release: Krungsri Auto jointly hosted the prayer ceremony for the passing of His Majesty King Bhumibol Adulayadej General—09 May 17

Mr. Pairote Cheunkrut, Head of Krungsri Auto Group, Bank of Ayudhya PCL and the management of 'Krungsri Auto' jointly hosted the prayer ceremony dedicated to the benevolence of the passing His Majesty King Bhumibol Adulayadej at the Dusit Maha Prasat

Fitch Revises Outlooks on Bank of Ayudhya, Easy Buy to Stable Stcoks—09 May 17

Bangkok--9 May--Fitch Ratings

Fitch Ratings - Bangkok/Singapore - 09 May 2017: Fitch Ratings has today revised the rating Outlooks on Bank of Ayudhya Public Company Limited (BAY) and Easy Buy Public Company Limited (EB) to Stable from Negative. At the same time, Fitch has affirmed the Long-Term Issuer Default Rating (IDR) of BAY at 'A-' and the National Long-Term Rating of EB at 'AA+(tha)'. All other ratings of the issuers are not immediately affected by our action today.

The Outlook revisions follows the similar revision in the Outlooks in BAY's parent, Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU) and EB's parent, ACOM Co., Ltd. (ACOM), on 2 May 2017 (see Fitch Revises Outlooks for Japanese Major Banks to Stable; Upgrades VR of MHFG). The revision of Outlooks came after the affirmation of Japan's sovereign rating at 'A' and revision of the Outlook to Stable from Negative on 27 April 2017 (see Fitch Revises Outlook on Japan to Stable; Affirms at 'A').

A full list of rating actions is at the end of this rating action commentary.

KEY RATING DRIVERS

BAY's Long-Term IDR and EB's National Long-Term Rating are driven by Fitch's view that these entities are strategically important subsidiaries of their respective parents BTMU and ACOM. This is due to high levels of parent shareholding and control, management integration, and histories o

Fitch Rates Bank of Ayudhyas Basel III Tier 2 THB Notes at #AA+(tha) Stcoks—03 Apr 17

Fitch Ratings (Thailand) has today assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Stable) upcoming issue of Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured notes a National Long-Term Rating of 'AA+(tha)'. The

Krungsri-BTMU synergy supports SCCCs strategic regional expansion with USD 1.1 billion end-to-end Stcoks—17 Mar 17

Krungsri (Bank of Ayudhya PCL and its business units), andThe Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), both of which are members of Mitsubishi UFJ Financial Group (MUFG), one of the world's largest financial groups, have worked hand-in-handin providing

Fitch Rates Bank of Ayudhya#s Senior Unsecured Bonds #AAA(tha)# Stcoks—15 Mar 17

Fitch Ratings (Thailand) has today assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Stable) upcoming issue of senior unsecured bonds a National Long-Term Rating of 'AAA(tha)'. The bonds will have a tenor of up to three years, and the

Fitch Affirms Thailands Mid-Sized Banks Stcoks—07 Nov 16

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Bank of Ayudhya Public Company Limited (BAY) and TMB Bank Public Company Limited (TMB). Fitch has also affirmed the National Long-Term Ratings of BAY, TMB, Thanachart Bank Public

Fitch Rates Bank of Ayudhyas Senior Unsecured Bonds #AAA(tha) Stcoks—18 Oct 16

Shoppers can now save money on luxury brands by combining reward points from their different Visa Stcoks—13 Oct 16

The "Points for Brands" campaign enables customers with Visa credit cards issued from leading financial institutions in Thailand, including Kasikornbank, Bank of Ayudhya (Krungsri), Krungthai Bank, Krungsri First Choice, Government Savings Bank, and

Photo Release: Krungsri RISE Demo Day Stcoks—22 Sep 16

Mr.Thakorn Piyapan, Head of Krungsri Consumer Group and Head of Digital Banking and Innovation at Bank of Ayudhya Public Company Limited, and Dr.Supachai Parchariyanon, Founder and Managing Director of RISE 'The First Corporate Accelerator in Thailand'

Bank of Ayudhya set to double branches Stcoks—22 Aug 16

Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, plans to nearly double its number of branches to 800 by 2018, defying the rising industry trend of downsizing outlets. The move aims to create economies of scale to achieve the bank's

Photo Release: Krungsri Consumer Won Best Consumer Finance Product Stcoks—21 Jul 16

Mr.Thakorn Piyapan, Head of Krungsri Consumer Group and Head of Digital Banking and Innovation, Bank of Ayudhya PCL, (center) received the 'Best Consumer Finance Product in Thailand' from The Asian Banker Thailand Country Awards 2016. The awards

Fitch Rates Bank of Ayudhyas Basel III Tier 2 THB Notes at #AA+(tha) Stcoks—12 Jul 16

Fitch Ratings (Thailand) has today assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Negative) upcoming issue of Thai baht-denominated Basel III-compliant subordinated unsecured notes a National Long-Term Rating of 'AA+(tha)'. The

Fitch Revises Outlooks on Bank of Ayudhya, Easy Buy to Negative Stcoks—17 Jun 16

Fitch Ratings has today revised the rating Outlooks for Bank of Ayudhya Public Company Limited (BAY) and Easy Buy Public Company Limited (EB) to Negative from Stable. Fitch has affirmed the Long-Term Issuer Default Rating (IDR) and National Long-Term

Fitch Rates Bank of Ayudhyas Senior Unsecured Bonds #AAA(tha) Stcoks—14 Jun 16

Fitch Ratings (Thailand) has today assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Stable) upcoming issue of senior unsecured bonds National Long-Term Ratings of 'AAA(tha)'. The bonds will have tenor(s) of two and/or three years, and the

Photo Release: Krungsri Leasing provides support to Thai AirAsia for new Stcoks—11 May 16

Krungsri Leasing (Ayudhya Development Leasing Co., Ltd.), a subsidiary of Bank of Ayudhya PCL, provided leasing facility to Thai AirAsia Co., Ltd. for the purchase of a new Airbus A320-200 (NEO), the latest fuel-efficient model that marks the fiftieth

Western Union joined by its Thai Agents to help restore the natural beauty and ecosystems in the General—04 May 16

Western Union, a leader in global payment services, recently collaborated with its Thailand-based Agents - Bank of Ayudhya PCL and Thailand Post Co., Ltd in coral planting and beach cleaning activities at Haad Toei Ngam, Satthahip Naval Base. The

Fitch Rates Bank of Ayudhyas Senior Unsecured Bonds #AAA(tha) Stcoks—23 Feb 16

Fitch Ratings has today assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Stable) upcoming issue of senior unsecured bonds National Long-Term Ratings of 'AAA(tha)'. The bonds will have a tenor of three years, and the total issue size will

Fitch Affirms Bangkok Mass Transits Bonds at #AAA(tha); Outlook Stable Stcoks—26 Jan 16

Fitch Ratings (Thailand) Limited has affirmed Bangkok Mass Transit System Public Company Limited's (BTSC) THB1.3bn debentures due in August 2016 that are unconditionally and irrevocably guaranteed by Bank of Ayudhya Public Company Limited (BAY;

TRIS Rating Affirms Company Rating and Outlook of BAY at AAA/Stable Stcoks—04 Jan 16

TRIS Rating has affirmed the company rating of Bank of Ayudhya PLC (BAY) at "AAA" with "stable" outlook. The rating is enhanced from BAY's stand-alone credit profile to reflect its status as a highly strategic member of Mitsubishi UFJ Financial Group

Photo Release: Krungsri presents awards to winning team in Krungsri Uni Startup Stcoks—10 Nov 15

Krungsri (Bank of Ayudhya PCL) First Executive Vice President and Krungsri Consumer Managing Director Mr. Thakorn Piyapan (second from right) recently presented awards and prize money of 160,000 baht to representatives from three winning teams

Fitch Affirms Thailands Mid-Sized Banks Stcoks—06 Nov 15

Ngern Tid Lor cares for customers, makes free personal accident insurance a permanent product Stcoks—16 Sep 15

Ngern Tid Lor continues to enhance the quality of life of their grassroots clients by providing access to services in the Financial Inclusion system. With an estimated annual cost of 70 million Baht, Ngern Tid Lor has modified its motorcycle title loan

Fitch Rates Bank of Ayudhyas Senior Unsecured Bonds AAA(tha) Stcoks—11 Sep 15

Fitch Ratings (Thailand) has assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Stable) upcoming issue of senior unsecured bonds National Long-Term Ratings of 'AAA(tha)'. The bonds will have maturities of two and/or three years, and the

Photo Release: Celebration of success for Lao PDRs bond issuance Stcoks—24 Jun 15

Mr. Rithikone Phoummasack, Deputy Director General of External Finance Department, Ministry of Finance of Lao PDR, Mr. Adisorn V. Singhsacha, Managing Director of Twin Pine Consulting Co., Ltd., along with executives from Bank of Ayudhya, Krungthai Bank,

Krungsri signs MOU to provide e-GP services Stcoks—24 Jun 15

On 19th June 2015, Mr. Pornsanong Tuchinda, Krungsri Head of Commercial Banking, was being a representative of The Bank of Ayudhya Public Company Limited to sign the memorandum of understanding of e-GP services with other 14 commercial banks. The

Fitch Rates Bank of Ayudhyas Senior Unsecured Bonds AAA(tha) Stcoks—17 Feb 15

Fitch Ratings has assigned Bank of Ayudhya Public Company Limited’s (BAY; AAA(tha)/Stable) upcoming issue of senior unsecured bonds National Long-Term Ratings of ‘AAA(tha)’. The bonds will have maturities of two and/or three years, and

Fitch Affirms Thai Mid-Sized Revises Thanachart Banks Outlook to Stable Stcoks—04 Feb 15

Fitch Ratings-Bangkok/Singapore-03 Feb 2015: Fitch Ratings has affirmed the ratings on three Thai medium-sized banks: Bank of Ayudhya Public Company Limited (BAY), Thanachart Bank Public Company Limited (TBANK), and TMB Bank Public Company Limited (TMB).

Fitch Affirms Bangkok Mass Transits Bonds at AAA(tha); Outlook Stable Stcoks—27 Jan 15

Fitch Ratings (Thailand) Limited has affirmed Bangkok Mass Transit System Public Company Limited’s (BTSC) two tranches of debentures that are unconditionally and irrevocably guaranteed by Bank of Ayudhya Public Company Limited (BAY;