Tuesday September 26, 2017 12:23

FINANCIAL Press Releases

Photo Release: SCB Connect introduces 4 new features for more connected, convenient, and secure financial services at your fingertips Stcoks—25 Sep 17

For an even more convenient financial experience, SCB Connect, a new financial service channel from Siam Commercial Bank (SCB) for customers to instantly contact the bank on the LINE application, introduces 4 new features as follows: 1) Branch queueing

The Colonial Mutual Life Assurance Society Ltd. Ratings Affirmed At #A+#; Outlook Stable Stcoks—22 Sep 17

MELBOURNE--22 Sep--S&P Global Ratings

MELBOURNE (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings said today that it had affirmed its 'A+' financial strength and issuer credit ratings on Australian life insurer The Colonial Mutual Life Assurance Society Ltd. (CMLA). The outlook remains stable. At the same time, we affirmed the 'A' issuer credit rating on Colonial Holding Co. Ltd. (CHC). The outlook remains stable.

We affirmed the ratings because we view CMLA's strong competitive position and extremely strong capital adequacy continue to support the life insurer's stand-alone credit profile (SACP). We also expect CMLA's potential new owner AIA Group Ltd. (AIA; core entities rated AA-) to likely provide support given that CMLA's services are complementary to AIA's existing capabilities.

Until completion of the sale process, we continue to see the potential that Commonwealth Bank of Australia (CBA) may provide support to CMLA, if required. The ratings on CMLA are based on the insurer's SACP and don't benefit from any uplift due to its ownership by CBA.

The 'A' long-term ratings on CHC are one notch below CMLA. This reflects the heightened credit risk of CHC's obligations as a nonoperating holding company reliant on cash flows from its operating subsidiaries. Key subsidiaries supporting CHC include CMLA, C

China Reinsurance (Group) Corp. And Subsidiary Ratings Lowered To #A# After Sovereign Outlook Stcoks—22 Sep 17

HONG KONG (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings said today it lowered the long-term insurer financial strength and issuer credit ratings on China Reinsurance (Group) Corp. (China Re Group) and its core subsidiaries, China

Ratings On Two China Life Insurance Entities Lowered And Placed On CreditWatch Stcoks—22 Sep 17

HONG KONG (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings said today that it had lowered the long-term insurer financial strength and counterparty credit ratings on China Life Insurance Co. Ltd. (China Life) to 'A+' from 'AA-'. We also

La Trobe Financial Capital Markets Trust 2017-2 Nonconforming RMBS Assigned Stcoks—22 Sep 17

MELBOURNE (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings today assigned its ratings to three classes of nonconforming residential mortgage-backed securities (RMBS) issued by Perpetual Corporate Trust Ltd. as trustee for La Trobe

FSB and IMF Report on Progress with G20 Data Gaps Initiative Stcoks—22 Sep 17

The Financial Stability Board (FSB) and International Monetary Fund (IMF) today published the second progress report on the implementation of phase two of the G20 Data Gaps Initiative (DGI-2). The report updates on the work undertaken since September

Oceanwide Holdings Co. Ltd. Downgraded To #B-# On Weak Sales, Elevated Liquidity Outlook Stcoks—21 Sep 17

- Oceanwide's operating cash flow and leverage are deteriorating due to weak property sales and lower dividend income from the financial services segment than we expected. - Oceanwide's leverage should remain elevated over the next two years, and the

Fitch Affirms 6 Thai Subsidiaries of North Asian Financial Institutions Stcoks—21 Sep 17

Fitch Ratings-Bangkok-21 September 2017: Fitch Ratings (Thailand) has affirmed the National Long-Term Ratings on six Thai subsidiaries of North Asian financial institutions. The following have been affirmed at 'AAA(tha)' with a Stable Outlook: - Bank of

ภาพข่าว: กสิกรไทย พัฒนา K PLUS SHOP รับคิวอาร์โค้ดของอาลีเพย์ เตรียมกวาดนักท่องเที่ยวจีน 9 หุ้น—21 Sep 17

นายพัชร สมะลาภา (ซ้าย) รองกรรมการผู้จัดการอาวุโส ธนาคารกสิกรไทย ร่วมด้วยนางสาวพิภาวิน สดประเสริฐ (ขวา) ผู้จัดการใหญ่ประจำประเทศไทย Ant Financial Services Group ผู้ให้บริการชำระเงินผ่านกระเป๋าเงินอิเล็กทรอนิกส์ระบบอาลีเพย์ (Alipay)

Photo Release: KBank develops K PLUS SHOP an app for receiving payment via Alipay QR code Stcoks—21 Sep 17

Recently, Mr. Patchara Samalapa, (left) KBank Senior Executive Vice President, and Ms. Pipavin Sodprasert, (right) Thailand Country Manager of Ant Financial Services Group – the operator of Alipay digital wallet payment, together gave a press

Corte Madera, CA COP Rating Raised To #AA# On Consistently Strong Financial Stcoks—21 Sep 17

SAN FRANCISCO (S&P Global Ratings) Sept. 20, 2017--S&P Global Ratings raised its long-term rating to 'AA' from 'AA-' on the town of Corte Madera, Calif.'s series 2016 refunding certificates of participation (COPs). The outlook is stable. "The

ภาพข่าว: ตลาดหลักทรัพย์ฯ จัดสัมมนา Capital Market Research Forum หุ้น—20 Sep 17

ดร. ชัยวัฒน์ วิบูลย์สวัสดิ์ ประธานกรรมการ ตลาดหลักทรัพย์ฯ เปิดสัมมนา Capital Market Research Forum โดยได้รับเกียรติจาก Professor Robert C. Merton ศาสตราจารย์รางวัลโนเบลสาขาเศรษฐศาสตร์ บรรยายในหัวข้อ "Financial Science, Financial Innovation, and Long-Term

Panda Green Energy Group Ratings Lowered To #B+# On Execution Risk And Narrowed Financial Outlook Stcoks—19 Sep 17

HONG KONG (S&P Global Ratings) Sept. 19, 2017--S&P Global Ratings todaylowered its long-term corporate credit rating on Hong Kong-listed renewableenergy operator Panda Green Energy Group Ltd. (PGE) to 'B+' from 'BB-'. At thesame time, we lowered

Photo Release: KBank joins hands with TCG to provide financial supports for SMEs in import-export Stcoks—19 Sep 17

At KBank Phahon Yothin Building, Mr. Surat Leelataviwat, right, Executive Vice President ofKBank, and Mr. Nitid Manoonporn, left, President of Thailand Credit Guarantee Corporation (TCG), recently co-hosted a press conference to announce their

[SPSF] Repackaged CLO Series KK-4 Ltd.#s Notes Assigned #AAA# Rating Stcoks—19 Sep 17

This information is published by S&P Global SF Japan Inc. S&P Global SF JapanInc. is a registered credit rating agency under Japan's Financial Instrumentsand Exchange Act (FIEA) but is not registered as a Nationally RecognizedStatistical Rating

Photo Release: Collaboration on Financial Education Project for Military Stcoks—18 Sep 17

General Surapong Suwana-adth, Chief of Defence Forces of the Royal Thai Armed Forces and Mr. Boontuck Wungcharoen, CEO of TMB, recently signed an agreement to collaborate on "Financial Education Project for Military Personnel", in line with TMB Make THE

Photo Release: Annual Centara Financial Controller Seminar held at Centara Grand at Central Plaza General—15 Sep 17

Dr. Ronnachit Mahattanapreut, Senior Vice President for Finance and Administration of Centara Hotels & Resorts presided over the annual seminar for the group's financial controller management team 2017. The meeting was attended by all financial

Sault Ste. Marie Area Schools, MI GO Rating Outlook Revised To Stable From Negative On Good Stcoks—15 Sep 17

CHICAGO (S&P Global Ratings) Sept. 14, 2017--S&P Global Ratings revised the outlook to stable from negative and affirmed its 'A+' underlying rating on Sault Ste. Marie Area Schools, Mich.'s existing general obligation unlimited-tax bonds. "The

U.S. banking regulator not ready for fintech charter applications Stcoks—14 Sep 17

The U.S. banking regulator, the Acting Comptroller of the Currency, said that he is not ready to accept applications from financial technology companies seeking a special purpose federal charter. Keith Noreika, who took over as acting head of the Office

One-stop-shop complaints body a win for customers, says Australian Bankers Stcoks—14 Sep 17

The Australian Bankers' Association has welcomed the introduction of legislation today to establish the new Australian Financial Complaints Authority. "The ABA strongly supports moving to a one-stop-shop to simplify how customers resolve complaints," ABA

China#s internet finance body urges members not to deal in cryptocurrencies Stcoks—14 Sep 17

China's internet finance association urged its members not to take part in any centralized virtual currency trading or provide services involving cryptocurrency trading due to the financial and social risks. China has been cracking down on fundraising

Siam Commercial Bank launches SCB Abacus to build AI fundamentalsand transform the financial sector Stcoks—14 Sep 17

Siam Commercial Bank announced the establishment of SCB Abacus, a wholly owned subsidiary focusing on the development of Artificial Intelligence (AI) technology to enhance business operation efficiency and service quality. Positioned as an AI-powered

The Colonial Mutual Life Assurance Society Ltd. Ratings Affirmed At #A+#; Outlook Stcoks—13 Sep 17

MELBOURNE (S&P Global Ratings) Sept. 13, 2017--S&P Global Ratings today said it has affirmed its 'A+' financial strength and issuer credit ratings on Australian life insurer The Colonial Mutual Life Assurance Society Ltd. (CMLA). The outlook is

LIT ยิ้มหน้าบาน ลูกค้าคว้า 2 รางวัล ในงาน Thailand Top SME Awards 2017 ตอกย้ำการเป็น True Financial หุ้น—13 Sep 17

"สมพล เอกธีรจิตต์" บิ๊กบอส บมจ.ลีซ อิท (LIT) ควงแขนลูกค้า เข้ารับมอบ 2 รางวัล ในงาน Thailand Top SME Awards 2017 ประเภทผลประกอบการตามกลุ่มอุตสาหกรรม ตอกย้ำการเป็น True Financial Partner มากกว่าการให้สินเชื่อ

Japan-Based Nippon Life Ratings Affirmed At #A+#; Proposed Subordinated Notes Rated Stcoks—12 Sep 17

TOKYO (S&P Global Ratings) Sept. 12, 2017--S&P Global Ratings today said it has affirmed its 'A+' financial strength and counterparty credit ratings on Japan-based Nippon Life Insurance Co. (Nippon Life). The outlook on the ratings is stable. The

Fitch affirms Coface AA- rating, with an outlook #stable Stcoks—12 Sep 17

Fitch Ratings affirmed, on September 8th 2017, Coface AA- Insurer Financial Strength (IFS) rating. The outlook is stable. The AA- IFSR of Coface North America Insurance Company and Coface Re, two other major insurance operating entities in the group,

Westfield Washington Schools, IN Debt Outlook Revised To Stable From Positive On Sharp Shift In Stcoks—12 Sep 17

CHICAGO (S&P Global Ratings) Sept. 11, 2017--S&P Global Ratings revised its outlook to stable from positive, and affirmed its 'A-' underlying rating on debt issued for Westfield Washington Schools, Ind. We also assigned our 'A-' underlying rating

La Trobe Financial Capital Markets Trust 2017-2 Nonconforming RMBS Assigned Preliminary Stcoks—11 Sep 17

MELBOURNE (S&P Global Ratings) Sept. 11, 2017--S&P Global Ratings todayassigned its preliminary ratings to three classes of nonconforming residentialmortgage-backed securities (RMBS) to be issued by Perpetual Corporate TrustLtd. as trustee for La

Saginaw, MI Limited-Tax GO Rating Raised To #BBB# On Improved Financial Stcoks—06 Sep 17

CHICAGO (S&P Global Ratings) Sept. 5, 2017--S&P Global Ratings raised its long-term rating to 'BBB' from 'BBB-' on Saginaw, Mich.'s limited-tax general obligation (GO) bonds. The raised rating reflects the improvement in the city's financial

Rating On Switzerland-Based Sompo Japan Canopius Reinsurance Placed On CreditWatch With Negative Stcoks—05 Sep 17

TOKYO (S&P Global Ratings) Sept. 5, 2017--S&P Global Ratings today said it has placed its 'A+' financial strength rating on Switzerland-based Sompo Japan Canopius Reinsurance AG (SJCR AG) on CreditWatch with negative implications. This follows