CTBC Bank buys 35.6% in Thailand's LHBANK

CTBC Bank buys 35.6% in Thailand's LHBANK

Image from LHBANK

LH Financial Group, a subsidiary of Thailand’s leading real estate developer Land and Houses Pcl, has signed a share subscription agreement to sell its 35.6 per cent stake in Land and Houses Bank (LH BANK) to Taiwan’s CTBC Bank for 16.6 billion baht ($470.25 million).

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