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News Forum - KBank ‘assets’ itself with new ventures amid rising NPLs

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Kasikornbank (KBank) is shaking things up and eyeing new profits by tackling its bad assets head-on via joint venture asset management companies (JV-AMCs), as non-performing loans (NPLs) climb higher across the banking scene. Rungruang Sukkirdkijpiboon, KBank’s co-President, spilt the beans that the bank is launching a fresh JV-AMC in partnership with Bangkok Commercial Asset Management … …

The story KBank ‘assets’ itself with new ventures amid rising NPLs as seen on Thaiger News.

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