(The following statement was released by the rating agency)
BANGKOK, September 02 (Fitch) Fitch Ratings has affirmed the
National Long-Term
Rating on Bangkok Commercial Asset Management Public Company
Limited (BAM) at
'AA-(tha)', with a Negative Outlook. A full list of rating
actions is at the end
of this commentary.
KEY RATING DRIVERS
BAM's ratings are driven by sovereign support considerations.
BAM is wholly
owned by the Financial Institutions Development Fund, which is a
unit of
Thaila
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