Showing 1 - 10 of 13
Thanachart-TMB signing next week
Business, Wichit Chantanusornsiri, Published on 09/08/2019
» TMB Bank and Thanachart Bank (TBank) are set to sign a merger agreement by next week as all key details have already been settled, says a source familiar with the deal.
TMB-TBank to formalise in August
Business, Wichit Chantanusornsiri, Published on 02/08/2019
» TMB Bank and Thanachart Bank will sign a merger agreement this month, sealing a deal to create the sixth-largest bank in Thailand, with assets of almost 2 trillion baht.
TMB-TBank marriage creeps a step closer
Business, Wichit Chantanusornsiri, Published on 04/07/2019
» Due diligence for the merger of TMB Bank and Thanachart Bank (TBank) is almost complete, marking a step towards the formation of a single bank expected to provide financial services by December.
TMB new issue shares set at B2.17
Business, Wichit Chantanusornsiri, Published on 13/03/2019
» TMB Bank's newly issued shares to be earmarked for existing shareholders are initially set at 2.17 baht each, but the final price will hinge on the outcome of due diligence.
Ministry buying B10bn in shares of hybrid bank
Business, Wichit Chantanusornsiri, Published on 01/03/2019
» The Finance Ministry is set to spend 10 billion baht to subscribe to TMB Bank's newly issued shares to maintain its shareholding in the new bank from the amalgamation of TMB and Thanachart Bank (TBank).
Banks take step closer to merger
News, Wichit Chantanusornsiri, Published on 25/02/2019
» TMB Bank and Thanachart Bank (TBank) are expected to sign a memorandum of understanding (MoU) next month, taking them another step towards a merger, said the Finance Ministry, the largest shareholder in TMB.
Sepo presses ministry to fund merged bank
Business, Wichit Chantanusornsiri, Published on 23/02/2019
» The State Enterprise Policy Office (Sepo) has proposed that the Finance Ministry pump fresh funds into a new bank to be created by the merger of TMB Bank and Thanachart Bank (TBank), aiming to maintain the ministry's shareholding.
Bank of America to give advice on merger
Business, Wichit Chantanusornsiri, Published on 15/02/2019
» TMB Bank and Thanachart Bank (TBank) have appointed Bank of America to provide advice on details for their potential merger, says a source at TMB.
Finance Ministry keen on profits from TMB merger
Business, Wichit Chantanusornsiri, Published on 14/02/2019
» The Finance Ministry expects investment in TMB Bank to yield a profit after the ministry subscribes to new shares that will be issued to facilitate the planned merger with Thanachart Bank (TBank), a source at the ministry says.
Finance Ministry weighs costs, benefits of bank merger
Business, Wichit Chantanusornsiri, Published on 07/02/2019
» The Finance Ministry is considering the costs and benefits of the proposed amalgamation of TMB Bank and Thanachart Bank (TBank), says Finance Minister Apisak Tantivorawong.