Published: Aug 07, 2019
TMB Bank and Thanachart Bank has postponed the signing of their merger to later this week. The contract was to have been signed on Wednesday at a special TMB board meeting once all the procedures had been completed, a source in the finance industry said.
Published: Jul 19, 2019
The labour union at Thanachart Bank (TBANK) has asked the Finance Ministry for its workers to be paid higher than minimum wages due to the likely layoffs that will follow its merger with the Thai Military Bank (TMB).
Published: Mar 12, 2019
A merger of Thanachart Bank Plc (TBANK; AA-(tha)/Stable) and TMB Bank Plc (TMB; BBB-/bbb-/AA-(tha)/Stable) could result in positive rating action if the enlarged merged entity is able to sustain material improvement in its domestic franchise and financial strength, Fitch Ratings says.