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BUSINESS

Bank of Ayudhya inks share-purchase of SBF stake

Online Reporters, Published on 08/08/2019

» Bank of Ayudhya (BAY) has entered a share purchase agreement to acquire a 50% stake in SB Finance Company Inc (SBF) for an estimated 1.83 billion Philippine pesos (1.08 billion baht), marking its first foray into the Philippines.