Krungthai Card gets 2 ‘A+’ ratings from TRIS
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TRIS Rating has affirmed the company rating of Krungthai Card PLC (KTC) and the ratings of its existing senior unsecured debentures at “A+”.
At the same time, TRIS Rating assigns a “A+” rating to KTC’s proposed issue of up to Bt16 billion in senior unsecured debentures due within 10 years.
The ratings reflect an enhancement from KTC’s stand-alone rating, as a strategically important subsidiary of its parent bank, Krung Thai Bank Plc (KTB).
