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Chalongphob : TMB's Bt35-billion recapitalisation to be adequate for 3 years

Finance Minister Chalongphob Sussangkarn said on Friday that the capital increase by Bt35 billion of TMB Bank would be adequate for the bank for at least three to four years.

However, next capital increase, if any, would be done only for business expansion rather than to solve the bank's lack of capital like this time.

By the end of next month, TMB would hold shareholder meeting for approval of the Bt35-billion recapitalisation and the investment of the strategic partner or ING Group. - The Nation

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Chalongphob : TMB's Bt35-billion recapitalisation to be adequate for 3 years

Finance Minister Chalongphob Sussangkarn said on Friday that the capital increase by Bt35 billion of TMB Bank would be adequate for the bank for at least three to four years.

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