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Merger will improve Thai banks' competitiveness.

Asia Africa Intelligence Wire

| August 31, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Business News - The successful merger of three leading local banks will improve the competitiveness of Thai banks and the level of services offered to the public, according to the Finance Minister, Somkid Jatusripitak.

Somkid made his comments at the ceremony marking the merger of the DBS Thai Danu Bank (DTDB), Thai Military Bank (TMB) and the International Finance Corporation of …

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