Fitch Affirms Aeon Thana Sinsap at 'BBB+(tha)'; Outlook Positive

April 27, 2015 6:04 AM

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(The following statement was released by the rating agency) BANGKOK, April 27 (Fitch) Fitch Ratings (Thailand) Limited has affirmed the National Long-Term Ratings of Aeon Thana Sinsap (Thailand) Public Company Limited (AEONTS) at 'BBB+(tha)', with a Positive Outlook.

The National Short-Term Rating has also been affirmed at 'F2(tha)'. KEY RATING DRIVERS The ratings are driven by the company's stand-alone financial strength. AEONTS is entirely focused on consumer lending, in which it has built up a reasonably established franchise in Thailand. The company has show...

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