Showing 1 - 10 of 31
Baht’s rebound driven by tourism, but volatility remains
Bloomberg, Published on 15/08/2022
» The baht rebounded so rapidly in the past few weeks on optimism about the country’s tourism-led growth that it’s already hit year-end analyst targets.
Bank of Thailand signals gradual moves after first hike since 2018
Bloomberg News, Published on 10/08/2022
» The Bank of Thailand (BoT) has signalled sticking with measured moves going forward to fight inflation without derailing the economic recovery, after raising the benchmark policy rate for the first time in more than three years.
Baht, Taiwan dollar tussle for supremacy in Asia
Bloomberg News, Published on 03/01/2020
» Emerging Asia’s top-performing currency in 2019 may find itself dethroned this year by a rival that’s also armed with a strong current-account surplus.
TFUND stakes sold to Prudential Corp
Post reporters, Published on 30/09/2019
» Thanachart Bank Plc (TBank) and Government Savings Bank (GSB) have sold their stakes in Thanachart Fund Management Company Ltd (TFUND) to Prudential Corporation Holdings Ltd, with the share purchase expected to be not less than 8.4 billion baht.
TMB-TBank post-merger executive positions shaping up
Business, Somruedi Banchongduang, Published on 24/09/2019
» Piti Tanthakasem, chief executive of TMB Bank, has been tipped to take over the reins at the merged TMB-Thanachart Bank, while TBank president Praphan Anupongongarch will be president at the bank.
TMB-TBank merger largest deal in banking
Business, Somruedi Banchongduang & Wichit Chantanusornsiri, Published on 10/08/2019
» The merger between TMB Bank and Thanachart Bank (TBank) is set to mark the Thai banking industry's largest merger and acquisition deal, with considerations worth 156 billion baht.
TMB Bank, Thanachart to create 6th-largest lender
Reuters, Published on 09/08/2019
» TMB Bank and unlisted Thanachart Bank (TBANK) said on Friday they have agreed to create the country's sixth-largest lender with assets of 1.9 trillion baht in a merger to better compete with rivals in Southeast Asia.
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-Thanachart merger signing next week
Wichit Chantanusornsiri, Published on 08/08/2019
» 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-Thanachart Bank's shareholding takes shape
Business, Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 08/08/2019
» Dutch bank ING, Thanachart Capital (TCAP) and the Finance Ministry are expected to hold stakes of 21%, 20% and 18%, respectively, in the new bank born from the consolidation of TMB Bank and Thanachart Bank (TBank), say two sources familiar with the matter.