Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
The Ho Chi Minh City branch of Thailand’s Kasikornbank Public Company Limited (KBank) recorded a post-tax loss of $7.4 million in 2023, tripling from $2.5 million in 2022.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s Kasikornbank eyes to invest $1 bln in Vietnam till 2027
Thailand's second-biggest lender Kasikornbank (KBank) aims to invest at least $1 billion in Vietnam until 2027 as part of its expansion in Southeast Asia, the bank announced Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand's KBank explores major Vietnam acquisition deal
Thailand's second-biggest lender Kasikornbank said Wednesday it is exploring an acquisition deal in Vietnam but that it is still not the time to announce the result if any.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deposit interest rates below 7% at foreign banks in Vietnam
While Vietnamese commercial banks reduced their deposit interest rates to below 8% recently, the rates were already lower at foreign counterparts in the country at below 7%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
KBank’s HCMC branch increases capital by 2.5 times
Leading Thai lender KBank is doubling down on the expansion of its operations in Vietnam as the country’s central bank has granted approval for its Ho Chi Minh City Branch’s capital increase of more than 2.5 times to 9.6 billion baht ($285 million).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand's KBank seeks to become a top 20 bank in Vietnam by assets
Thailand’s Kasikornbank (KBank) eyes to expand its Vietnam operations to 8.4 million customers and outstanding loans of 180 billion baht ($5.22 bln) in 2027, the lender said in a new release.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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