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Thai banks, KB vying for $700m Home Credit Vietnam

A woman rides a bicycle on the street in Hanoi on Sept 25, 2023. (Photo: AFP)

Thailand’s biggest banks Kasikornbank Pcl and SCB X Pcl are among the final bidders for consumer lender Home Credit’s business in Vietnam, according to people familiar with the matter.

KB Kookmin Bank, a unit of South Korea’s KB Financial Group Inc, has also proceeded into the next round, the people said, asking not to be identified because the matter is private. A deal could value the…

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