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(From The Nation (Thailand))
Byline: The Nation.
CEO Subhak says bank yet to finalise details, declines to comment on reported need for an additional Bt35 bn
TMB Bank will propose its official recapitalisation plan to the Finance Ministry in March, though it has yet to finalise the details, chief executive officer Subhak Siwaraksa said yesterday.
He said the bank had not yet completed all the details, so he was unable to comment on earlier news reports that TMB needs additional capital of Bt35 billion.
Singapore-based DBS Bank, one of TMB's major shareholders, has not informed the bank about whether it will increase its …