on the assumption that the Bank will acquire 100% stake in Permata (both under the SPA and through the mandatory tender offer to be conducted thereafter), using the value of net tangible asset
mandatory tender offer as mentioned earlier. As a result, there is a possibility that the Bank may acquire up to 100% of the total issued and sold shares of Permata through a mandatory tender offer as
with 2 more commercial banks in money transfer service. The Company’s goal is to launch money transfer service with 4 banks; Kasikorn Bank (KBANK), Krungthai Bank (KTB), Bangkok Bank (BBL) and Bank of
with 2 more commercial banks in money transfer service. The Company’s goal is to launch money transfer service with 4 banks; Kasikorn Bank (KBANK), Krungthai Bank (KTB), Bangkok Bank (BBL) and Bank of
Platform of Choice” in order to maintain existing clients with good track records while also broadening opportunities to acquire new patrons via digital channels. KASIKORNBANK has established its business
businesses have felt compelled to seek new business opportunities. KASIKORNBANK has established our business directions on the foundation of a Bank of Sustainability, accounting for the balance of three
small and micro businesses as well as retail customers, while the Bank also sought to acquire customers with stronger financial status and sound debt servicing ability. KBank has also 12 emphasized
CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 19.10 percent, with a Tier 1 capital ratio of 16.76 percent, remaining a sufficient cushion against risk, and greater than the Bank of
ratio was also close to the target of 42.31 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced
government’s emergency decree launched in late March 2020, while others were closed due to plunging demand. At the same time, the Bank of Thailand opted to cut the policy rate and implement additional measures