(The following statement was released by the rating agency)BANGKOK/SINGAPORE, September 30 (Fitch) Fitch Ratings has assigned Bangkok Bank Public Company Limited's (BBL: BBB+/Stable) USD500m five-year and USD500m ten-year unsecured senior notes due September 2018 and September 2023 a final rating of 'BBB+'. The notes are issued under BBL's USD3bn global medium-term note (GMTN) programme.The rating action follows the completion of the bond issues as well as the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on 23 September 2013.KEY RATING DRIVERSThe notes are rated at the same level as BBL's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BBB+' as they represent unsecured and unsubordinated obligations of the bank. BBL's rating reflects its steady asset quality, earnings and funding and its solid domestic franchise. The bank has maintained high capital and reserve coverage, which help to counterbalance the risks of its high corporate loan concentration.  RATING SENSITIVITIESAny change to BBL's Long-Term IDR would have a similar effect on the senior unsecured notes' ratings.Positive rating action for BBL may be considered upon a sustained improvement in the domestic operating environment and further strengthening in the banks' overall financial profile, absent any increase in risk tolerance, or increase in exposure to the sovereign. A downgrade may result from an increasing risk of significant deterioration in the bank's asset quality that leads to an erosion of profitability or capital. This could include an increasing risk appetite through rising loan concentrations or excessive loan growth in the absence of higher profitability and capital. BBL is Thailand's largest commercial bank by consolidated assets with an 18% share of loans and a 19% share of deposits at end-June 2013. It has a strong business franchise in large corporates and SMEs and has the largest international presence among Thai banks.Contact: Primary Analyst Ambreesh Srivastava Senior DirectorFitch Ratings Singapore PTE Ltd6 Temasek Boulevard#35-05 Suntec Tower FourSingapore 038986Secondary Analyst Piyamas Chaihetphon, CFA, CPAAssociate Director+662 108 0154Committee ChairpersonJonathan CornishManaging Director+852 2263 9901Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com.Additional information is available at 
  www.fitchratings.com.
  Applicable criteria, "Global Financial Institution Criteria", dated 15 August 2012, are available at 
  www.fitchratings.com.
 Applicable Criteria and Related Research: Global Financial Institutions Rating Criteria
  http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686181
 Additional Disclosure Solicitation Status 
  http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=803690
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