Thailand's KBank mulls Indonesia foray via M&A route next year

Thailand's KBank mulls Indonesia foray via M&A route next year

Kasikornbank (KBANK), the fourth largest bank in Thailand, is working on its feasibility plan to tap into Indonesia through acquisitions next year.

KBANK president Pipit Aneaknithi told the media on Wednesday that it has partnered with two local banks in Indonesia currently, and proposed to set up its own footprint in the Indonesian market.

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