OREANDA-NEWS. Fitch Ratings has today upgraded the National Long-Term Ratings of nine financial institutions in Thailand as follows:

- Bangkok Bank Public Company Limited (BBL), Kasikornbank Public Company Limited (KBank), Siam Commercial Bank Public Company Limited (SCB), Easy Buy Public Company Limited (EB) and Maybank Kim Eng Securities (Thailand) Public Company Limited (MBKET) have been upgraded to 'AA+(tha)' from 'AA(tha)'.

- Kasikorn Securities Public Company Limited (KS), SCB Securities Company Limited (SCBS), CIMB Thai Bank Public Company Limited (CIMBT) and CIMB Securities (Thailand) Co., Ltd. (CIMBS) have been upgraded to 'AA(tha)' from 'AA-(tha)'.

The Outlooks for BBL, KBank, SCB, KS, SCBS, CIMBT, and CIMBS are maintained at Stable. The Outlooks for EB and MBKET are maintained at Negative.

Furthermore, Fitch has affirmed the National Long-Term Rating for Bank of Ayudhya Public Company Limited (BAY) at 'AAA(tha)', while revising its Outlook to Stable from Negative.