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Bangkok Post – SCB acquires 100% of Vietnamese lender
B31-billion deal for Home Credit Vietnam part of Thai bank’s regional expansion strategy
PUBLISHED : 28 Feb 2024 at 20:15
Siam Commercial Bank confirmed on Wednesday that it has reached an agreement to acquire 100% of the shares in the consumer finance lender Home Credit Vietnam in a deal worth 31 billion baht.
The transaction is expected to be completed by the first half of 2025, subject to approvals from the relevant…
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