Thailand’s Krungsri completes SB Finance buy-in deal

Lender Security Bank Corp. has completed a deal to sell 50 percent of its consumer finance unit, SB Finance (SBF) Co., to Bank of Ayudhya, thus forming what’s expected to be a formidable consumer banking partnership with Thailand’s fifth largest financial group. Bank of Ayudha, commonly known as Krungsri, is a member of Mitsubishi UFJ … Continue reading Thailand’s Krungsri completes SB Finance buy-in deal