rooster59 Posted April 12, 2020 Share Posted April 12, 2020 KBank gets approval for stake in Myanmar bank By THE NATION The Bank of Myanmar has approved Kasikornbank's bid for a 35 per cent stake in Ayeyarwaddy Farmers Development Bank (A Bank), KBank said in a statement on Saturday (April 11). KBank executive vice president Pattarapong Kanhasuwan said that the investment will be done via KBank's wholly owned investment holding company Kasikorn Vision. Kasikorn Vision is positioned as a company looking for overseas investment opportunities for KBank. It has an investment budget of Bt14 billion. On Friday (April 10), Siam Commercial Bank said the Bank of Myanmar had granted SCB initial approval to set up a subsidiary in the country. Under the licence agreement, SCB will be able to extend banking services to retail customers in Myanmar from January 1, 2021. Source: https://www.nationthailand.com/business/30385793 -- © Copyright The Nation Thailand 2020-04-12 Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
ThailandRyan Posted April 12, 2020 Share Posted April 12, 2020 Wonder what if anything this means for us who have a KBank account..... Link to comment Share on other sites More sharing options...
Deli Posted April 13, 2020 Share Posted April 13, 2020 The Bank with the worst service in the country gets the deal. Must have been quite an envelope. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
(1).thumb.png.bbcb267af4aaf1122a444794828169f7.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now