Thailand

Maybank’s subsidiary had no plan to delist from the Thailand’s stock exchange as a free float of 15% was still held by retail investors.

Maybank hopes to operate a bank in Thailand, said its president/CEO, Datuk Seri Abdul Wahid Omar.

With Thai government’s backing the lender will tap its regional network to bolster SMEs’ expansion.

Bangkok Bank has signed an MOU, agreeing to provide a full range of financial services, called 'Smart Chaqin Solution", to PTTPM business partners.

Siam Commercial Bank has been appointed as the mandated lead arranger for a 4.01-billion-baht syndicated loan with Krung Thai Bank to Index living Mall.

SCB has received approval on its plan to acquire SICCO's business by making a tender offer to purchase all securities of SICCO and the latter's delisting from the Stock Exchange of Thailand.

Bangkok Bank and the Japan Bank for International Cooperation will help Japanese companies in Thailand with a new lending program called "Two Step Loan."

The German lender said its government bond trading and other business activities in Thailand remain unaffected.

Confident of better second quarter after strong $92 mn first quarter profit as it sticks to loan target.

Krung Thai Bank introduced a special campaign to debtors under the government’s debt refinancing scheme for credit cards making a payment punctually.

Bangkok Bank and Ramathibodi Hospital will join forces to offer the “Rama Smart Card” to Ramathibodi Hospital staff and patients.

Bangkok Bank and Kasikornbank Senior signed a contract for the banks to provide financial support of Baht 7.9 billion for Amata B.Grimm Power to build power plants.

RHB eager to buy Thai banks to take advantage on the robust growth in the country's banking sector.

The lender attempts to capture Thailand, which it calls ‘the place’ in Asia for seizing growth opportunities in the region.

The company is optimistic that Asia’s economic growth, while Asian currencies appreciate as against weakening US dollar will drive company’s earnings up.

Yet despite strong loan growth, the bank's net interest margin for the first quarter was 3.14%, below the expected 3.2%.