Bangkok Bank Public Company Limited: Update following rating affirmation, following the announcement of the acquisition of Bank Permata
Our credit view of Bangkok Bank Public Company Limited, reflecting its good financial performance through the cycle, conservative risk appetite and strong loss-absorbing buffers.Bangkok Bank Public is an authorized commercial bank based in Thailand. Co. is engaged in the provision of banking services including the acceptance of deposits, the provision of short, medium and long term credit facilities, money transfers, collections, payments, loan syndication, housing mortgages, financial advice and consultancy. The Bank conducts its businesses through a network of branches covering all parts of Thailand and some other parts of the world. Co. maintains a presence in China, with branches in Beijing, Shanghai, Xiamen and Shenzhen.
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