TRIS Rating Affirms Company Rating on "Hattha Bank" at "BBB " with "Stable"
TRIS Rating affirms the company rating on Hattha Bank PLC at ?BBB+? with a ?stable? outlook as it remains constrained by the sovereign rating on the Kingdom of Cambodia (Cambodia; rated ?BBB+/Stable? by TRIS Rating*). Hattha Bank?s stand-alone credit profile (SACP) after a rating enhancement due to its status as a strategically important subsidiary of Bank of Ayudhya PLC (BAY; rated ?AAA/Stable? by TRIS Rating) is upgraded to ?A-? from ?BBB+?. The SACP reflects Hattha Bank?s strong market position in the retail lending segment, its adequate capital position, and prudent risk management. Howev...