Article & Research

23-02-2022

Testing Resilience: Vietnam in Focus 2022

TRIS Rating forecasts Vietnam’s real gross domestic product (GDP) to grow by 5.6% in 2022, rebounding from a historic low of 2.6% last year caused by the Delta variant outbreak, which prompted the Vietnamese authorities to implement lockdown measures in major cities including Ho Chi Minh City (HCMC) and Hanoi in the third quarter of 2021 (Q3/2021).

02-09-2021

FINANCIAL INSTITUTIONS - Non-Bank Financial Institutions

We maintain a stable credit outlook on non-bank financial institutions (NBFIs). Strong capital and well-managed liquidity and asset quality have thus far helped underpin NBFIs’ ratings.

09-08-2021

FINANCIAL INSTITUTIONS - Banks

We maintain our “stable” outlook on Thai commercial banks, despite the pressure on profitability and asset quality amid economic headwinds induced by successive outbreaks of COVID-19.

20-07-2021

Tough Times Continue: An Update on 2021 Thai Economic Outlook

We revise our forecast for Thailand’s real GDP growth in 2021 to be 1.0%, down from our forecast of 2.6% growth in Feb/2021.

18-06-2021

Heading into Turbulence: Cambodia in Focus 2021

TRIS Rating forecasts Cambodia’s real GDP to grow 2.0% in 2021, a rebound from the 3.0% contraction last year due to the COVID-19 outbreak.

30-04-2021

HOTEL INDUSTRY

Thailand has long been known as one of the world's top tourist destinations. The tourism industry is one of the most important economic sectors in Thailand.

25-02-2021

Emerging from the Ravages of COVID-19: Thai Economic Outlook 2021

TRIS Rating forecasts Thailand’s annual GDP growth to be 2.6% in 2021.

25-02-2021

PROPERTY INDUSTRY (HOMEBUILDER AND REAL ESTATE DEVELOPER)

TRIS Rating expects demand for residential properties in 2021 to grow slightly from last year.

22-02-2021

FINANCIAL INSTITUTIONS (NON-BANK FINANCIAL INSTITUTIONS)

Our rating actions on NBFIs in 2020 were mainly the result of a deterioration in operating performance over recent years or a material change in shareholding structure, rather than as a direct impact of COVID-19.

22-02-2021

FINANCIAL INSTITUTIONS (BANKS)

The Coronavirus (COVID-19) pandemic has had varying impacts on different types of financial institutions (FIs).

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Cambodia in Focus: External Demand Recovery and Improving FDI

TRIS Rating expects Cambodia’s real GDP growth of 5.8% and 6.2% in 2024 and 2025, supported by recovery in domestic demand, exports of goods and services, as well as FDI.

Industry Analysis and Outlook: แนวโน้มธุรกิจกลุ่มธนาคารพาณิชย์

แนวโน้มใน 12 เดือนข้างหน้า รายได้และกำไรของกลุ่มธนาคารน่าจะยังเผชิญแรงกดดันจากสินเชื่อที่โตอย่างจำกัด ค่าใช้จ่ายในการตั้งสำรองจากคุณภาพสินทรัพย์ที่ยังอ่อนแอ ส่วนต่างอัตราดอกเบี้ยสุทธิ (Net Interest Margin—NIM) ที่มีแนวโน้มเป็นขาลงจากต้นทุนดอกเบี้ยเงินฝากที่ทยอยปรับขึ้นและความเป็นไปได้ที่วงจรดอกเบี้ยอาจเริ่มเปลี่ยนเป็นขาลง