You are here

Thai bank plans to join big regional players

Krung Thai Bank is boosting profits and positioning itself to buy another local lender

1.jpg
KRUNG Thai Bank Pcl (KTB), Thailand's second-largest lender by assets, is cleaning up its balance sheet and preparing to make acquisitions in a bid to join the ranks of the biggest Southeast Asian banks.

Singapore

KRUNG Thai Bank Pcl (KTB), Thailand's second-largest lender by assets, is cleaning up its balance sheet and preparing to make acquisitions in a bid to join the ranks of the biggest Southeast Asian banks.

After making large provisions last year for Thailand's largest