RAM Ratings withdraws rating of Krung Thai Bank’s debt programme

Published on 26 Nov 2021.

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RAM Ratings has discontinued its rating coverage of Krung Thai Bank Public Company Limited’s RM5 billion Tier-2 Subordinated Notes Programme (2015/2045) at the request of the Bank. There are no outstanding issuances under the programme, which was last rated AA2/Stable.

However, should Krung Thai Bank decide to utilise the programme in the future, the programme will be rated by RAM Ratings prior to issuance.


Analytical contacts
Loh Kit Yoong
(603) 3385 2493

Wong Yin Ching, CFA
(603) 3385 2555


The credit rating is not a recommendation to purchase, sell or hold a security, inasmuch as it does not comment on the security’s market price or its suitability for a particular investor, nor does it involve any audit by RAM Ratings. The credit rating also does not reflect the legality and enforceability of financial obligations.

RAM Ratings receives compensation for its rating services, normally paid by the issuers of such securities or the rated entity, and sometimes third parties participating in marketing the securities, insurers, guarantors, other obligors, underwriters, etc. The receipt of this compensation has no influence on RAM Ratings’ credit opinions or other analytical processes. In all instances, RAM Ratings is committed to preserving the objectivity, integrity and independence of its ratings. Rating fees are communicated to clients prior to the issuance of rating opinions. While RAM Ratings reserves the right to disseminate the ratings, it receives no payment for doing so, except for subscriptions to its publications.

Similarly, the disclaimers above also apply to RAM Ratings’ credit-related analyses and commentaries, where relevant.

Published by RAM Rating Services Berhad
© Copyright 2021 by RAM Rating Services Berhad

Ratings on Krung Thai Bank Public Company Limited