(Thailand) – Thailand’s Bank of Asia has confirmed that its majority shareholder, ABN Amro NV, is retaining its stake in the Bank, despite rumours to the contrary.GE Capital, a unit of General Electric, has been reportedly interested in the Thai bank and had been eyeing ABN Amro’s 77.6 percent stake in Bank of Asia taken in 1998 for US$171.2 million.
ABN Amro sticking with bank of Asia
Connect
with East
At East & Partners we work together as one firm to serve our clients wherever they need us.
Our collective knowledge and experience across global markets helps us guide clients on the intricacies of each region while enabling cohesion across their global footprint. Apples with apples and pears with pears in complex and demanding financial services markets
globally.