All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Asia People and MarketsAsia Bank strategy

Foreign banks consider branching into Thai banking

Bank of Ayudhya230px

Nine months after Japan’s Bank of Tokyo Mitsubishi UFJ acquired a 72% stake in Thailand’s Bank of Ayudhya, analysts predict a further shakeout amongst the country’s 16 commercial banks. How much further does consolidation of Thailand’s banking sector have to go? Ben Davies reports.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login