Latest Breaking News On - Vickers ballas holdings ltd - Page 1 : comparemela.com

TRIS Rating affirms the company rating on DBS Vickers Securities (Thailand) Co., Ltd. (DBSVT) at ?AAA? with a ?stable? outlook. The rating mainly reflects the company?s status as a highly strategic subsidiary of the DBS Group whose main operating entity is DBS Bank Ltd. (rated ?AA-/Stable? by S&P Global Ratings). KEY RATING CONSIDERATIONS Highly strategic subsidiary of the DBS Group We consider DBSVT to be a highly strategic subsidiary of the DBS Group. DBSVT is a wholly owned subsidiary of DBS Vickers Securities Holding Pte (DBSVH), the Singapore-based securities arm of the DBS Group. The company serves as an integral part of a platform to offer brokerage services to clients of the DBS Group and affiliated companies. As an integral part of the group, DBSVT adopts the group?s strategies and financial targets. DBSVT?s strong linkage with the group is evidenced by the company?s securities brokerage trading volume originating from affiliated companies that accounted for 75% of total

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