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Byline: Krissana Parnsoonthorn
Aug. 6--Privatisation of the Government Housing Bank is likely to be delayed until next year, according to Khan Prachuabmoh, its newly-appointed president.
The state bank was expected to float its shares to the public and be listed on the Stock Exchange of Thailand by the end of September.
"We need more time to reorganise and prepare. We will carefully study the pros and cons of privatisation including whether our role to support government measures will change," he said.
The bank has been assigning staff to specific tasks such as overseeing both non-performing loans and other ailing assets. NPLs stand at ...
Source: HighBeam Research, Thailand's Government Housing Bank Market Listing Now Likely Next...