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Two Banks to Come to Thai Fertiliser Firm's Assistance.
Feb. 6--Krung Thai Bank and Siam City Bank plan to extend 600 million baht in a syndicated loan to cash-strapped National Fertiliser after Siam Commercial Bank, one of the state enterprise's major creditors, declined to increase its credit line.
Industry Minister Suriya Juengrungruangkij met heads of state-owned Krung Thai and Siam City Bank to arrange the deal.
Supachai Pisitvanich, the KTB chairman, said yesterday that the loans would be backed by existing inventory and receivables.
"Krung Thai is interested in supporting the loan as National Fertiliser is 57 percent owned by the state. Just as importantly, both Krung Thai and Siam City would ...
- Krung Thai Bank Defends Role in Media Conglomerate Deal in Thailand.
- Newspaper article from: Knight Ridder/Tribune Business News May 23, 2002 700+ words
...Ridder/Tribune Business News May 23--Krung Thai Bank has defended its actions in debt...denied by the newspaper. In any case, Krung Thai Bank executives reject accusations that...were handled as separate accounts by Krung Thai Bank, Sukhumvit Asset Management and...
- Krung Thai Bank's Warrant Worries Ease.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) June 14, 2002 700+ words
...the end of the year, analysts say Krung Thai Bank should be able to successfully...fund currently holds 91 percent of Krung Thai. In February, the Bank of Thailand agreed to a reduction in Krung Thai's share par value to help clear...
- BankThai-Krung Thai Merger Studied.
- Newspaper article from: Knight Ridder/Tribune Business News April 26, 2002 700+ words
...between state-owned BankThai and Krung Thai Bank. Sources said the concept would strengthen the larger Krung Thai Bank and also meet regulatory goals...to consider options for BankThai and Krung Thai. BankThai, formed by merging 13 defunct...
- Krung Thai Bank to Cut Back Stake in Subsidiaries.
- Newspaper article from: Knight Ridder/Tribune Business News November 7, 2002 700+ words
...Ridder/Tribune Business News Nov. 7--Krung Thai Bank will reduce its holdings in subsidiaries...100 percent stake in four companies: Krung Thai Asset Management, Krungthai Legal Services, Krung Thai General Service and Krung Thai Computer...
- Krung Thai Bank Public Company Ltd.
- Reference information from: International Directory of Company Histories Cohen, M. January 1, 2005 700+ words
Krung Thai Bank Public Company Ltd. 35 Sukhumvit...KTB NAIC: 522110 Commercial Banking Krung Thai Bank Public Company Ltd. is Thailand...banks controlled by the Thai government. Krung Thai boasts the largest banking network in...
- Bank of Thailand Dismisses Talk of Krung Thai Bank, BankThai Merger.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) April 27, 2002 700+ words
...possible merger between state-owned Krung Thai Bank and BankThai. M.R. Pridiyathorn...definitely be no merger between [BankThai and Krung Thai]. We have looked at this issue before...considered merging not just BankThai and Krung Thai, but also Bangkok Metropolitan Bank...
- Krung Thai Bank's IPO to Offer 3 Billion Shares.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) October 31, 2002 700+ words
...Byline: Darana Chudasri Oct. 31--Krung Thai Bank will offer three billion shares...significantly affect market sentiment, he said. Krung Thai planned to launch a pre-marketing campaign...offering will reduce state holdings in Krung Thai to around 55 percent. No details on...
- Thai Asset Management Hires Krung Thai Bank to Service Retail Debt.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) August 26, 2003 700+ words
...Management Corporation (TAMC) plans to hire Krung Thai Bank to service distressed assets for retail...baht. Formal contracts between the TAMC and Krung Thai will be signed today. Krung Thai Bank will oversee servicing duties for assets...
Source: HighBeam Research, Two Banks to Come to Thai Fertiliser Firm's Assistance.