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Kasikornbank Eyes Buying Other Firms to Fill Gaps.
Byline: Darana Chudasri
Apr. 3--Kasikornbank will consider acquiring other companies to complement its products and services, but only at the right price and with the right synergies, according to chief executive Banthoon Lamsam.
He said that financial institutions, Kasikornbank included, had to change to seek new opportunities as given under the new financial sector master plan.
For Kasikornbank, expansion would be made only to supplement existing gaps in the bank's products and services, namely in the securities brokerage and hire-purchase sectors, Mr Banthoon said.
But any deal would have three conditions, he added.
First ...
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