Sunday, January 22, 2017

Fitch Confirms Siam Commercial Bank's MTN Programme at 'BBB+'

(The following statement was released by the rating agency)

BANGKOK/SINGAPORE, January 22 (Fitch) Fitch Ratings has

confirmed the rating on

The Siam Commercial Bank Public Company Limited's (SCB;

BBB+/Stable) USD3.5bn

medium-term note (MTN) programme at 'BBB+', following an update

to the terms of

the programme.

Senior notes under the MTN programme will represent direct,

unconditional,

unsecured, and unsubordinated obligations of the bank. Notes

issued under the

programme may be in any curr

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