Fitch Thailand assigns National Ratings to Thanachart Bank.

(From Thai Press Reports)

Section: Rating - Fitch Ratings (Thailand) has today assigned Thanachart Bank Public Company Limited ("NBANK") National Long- and Short-term ratings of 'A-(tha)' (A minus (tha)) and 'F2(tha)', respectively, with a Stable Outlook. The agency has also assigned an Individual rating of 'D' and Support rating of '5' to the bank. The ratings reflect NBANK's very strong capital base and earnings growth potential. Fitch also takes into account the bank's start-up nature, particularly its lack of banking franchise, and reliance on its parent NFS group for operational support. In addition, the rating considers NBANK's likely moderate profitability in …