Opinion: Japanese banks’ Thai venture is sign of things to come

23 Apr 2012

The US$90 million loan agreement between 12 Japanese lenders and Kasikornbank demonstrates the growing Asian ambitions of the former. Such a tie-up makes a lot of sense.

Much has been made of the opportunities available to Asian banks as European financial institutions withdraw capital from the region, as part of their desperate plans to deleverage.

ANZ, DBS and CIMB are typically identified as the likely beneficiaries of the business their European rivals are leaving behind. ...

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