Thailand's Thanachart, TMB Bank sign $4b merger MOU

Thailand's Thanachart, TMB Bank sign $4b merger MOU

Photo: Thanachart Bank

Thailand’s Thanachart Bank (TBANK) and TMB Bank have entered into a non-binding agreement to merge in a deal worth up to 140 billion baht ($4.47 billion). The combined entity will rank number six in the Thai banking industry.

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