KBank's Bt22bn debentures fully subscribed

SATURDAY, FEBRUARY 18, 2012
KBank's Bt22bn debentures fully subscribed

Kasikornbank's Bt22 billion subordinated debentures were sold out, reflecting investor confidence in the bank's growth potential.

 

The issuance is aimed at raising long-term funding with reasonable interest payment and the proceeds will be counted as the bank’s tier-2 capital.

Somkiat Sirichatchai, senior executive vice president of the bank, said that achievement reflects investor confidence in the bank’s business potential, solid financial performance, growth and stability.