(The following statement was released by the rating agency)
BANGKOK/SINGAPORE, January 30 (Fitch) Fitch Ratings expects a
further
deterioration in Thai banks' performance in 2017, after the
full-year results
for 2016 showed a rise in impaired loans and a slight decline in
profitability.
These trends are consistent with our negative outlook on the
sector. However,
capital and loan-loss buffers continue to rise, and are healthy
enough to absorb
pressures from the weak operating environment.
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