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Fitch affirms Export-Import Bank of Thailand
Fitch Ratings said it affirmed Export-Import Bank of Thailand's long-term foreign-currency issuer default rating at BBB, short-term foreign-currency issuer default rating at F3, national long-term rating at AAA(tha), national short-term rating at F1+(tha) and outstanding senior unsecured bonds at AAA(tha).
The outlook is stable.
The ratings are correlated with the sovereign's ratings given the full ownership and control of the bank by the Ministry of Finance, Fitch said.
The bank's policy role as Thailand's export credit agency, which entitles it to partial debt guarantee and loss compensation, links its ratings to that of Thailand, the agency said.
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