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'K-Group' concept will secure Thai bank's universal image.

Bangkok Post (Bangkok, Thailand)

| January 04, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Darana Chudasri

Jan. 4--Kasikornbank plans to rebrand its subsidiaries under a new "K-Group" concept to reinforce the bank's position as a universal provider of financial services.

President Prasarn Trairatvorakul said that all the group's strategic firms would be renamed to start with the letter "K".

The bank's fund arm, currently Kasikorn Asset Management, will be renamed K-Asset, while the Kasikorn Research Center will be renamed K-Research.

A similar branding strategy would be taken with the new leasing subsidiary, K-Leasing, which is expected to begin operations in the first half of 2005 with registered capital of 60 ...

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