Fitch says Thailand's economic and banking outlook are challenging despite modest economic recovery

Author: Mike Paterson | Category: News

US ratings agency Fitch out with a note on Thailand 13 Sept

  • Thailand's strong external and fiscal buffers make it less exposed to potential shocks than many Asian peers
  • prospects for Thai banks' operating environment, sector performance remains negative with modest improvements in growth and profitability expected in 2018
  • Thailand's medium-term growth outlook are challenged by high household debt adverse demographic trends even though economy has picked up in 2017

    One for our Baht traders/general info.

    USDTHB currently 33.09