News

Subscriptions for $5.9bln issue beginning on Wednesday is part of fundraising wave by Chinese banks.

Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks.

China regulator’s approval would give BEA license to sell $732bln worth of bonds.

Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.

Lender had $210mln shortfall from targeted $750mln behind new India rule and European debt crisis.

Net interest margin improvement, more comfortable loan-to-deposit ratio, healthier capital adequacy, and management stability boosted ratings.

Upgrades Individual Rating from C to B/C due to improved balance sheet position and earnings.

Source said lenders topped rival BBVA as the latter failed to provide better offer.

Small enterprises lending grows to 8.3% as it leads the competition with only 7.86% interest.

Lenders given go signal to raise multibillion dollars to fill up huge capital shortfall.

Proceeds from the domestic IPO aimed to help fill up capital deficit of $5.12bln.

Lender in negotiation to dispose assets to win approval of Australia’s regulator.

Krung Thai has determined remedies to soften the impact from the political unrest on clients. The bank will be extending the repayment period, use principal waiving, and set the financial amount as a circular capital worth over 5 billion baht. It will also provide the head office and branches in Bangkok, places for customers to sell their goods.

Bank of Ayudhya and its subsidiaries issued measures to alleviate the plights of customers suffering from the recent political crisis. It will be allowing affected debtors to repay only interests during given grace period, and extending their repayment periods. In addition, the Bank stands ready to offer help to businesses related to tourism industry and relevant segments affected by the same crisis.

Lender has made great strides to abide by government's green-credit policy with $27bln green-credit business loans.

But rating agency said Thai banks' overall financial positions should remain relatively strong in 2010.