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Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Kbank eyeing regional amc market - The Untold Story

KBank AMC Kattiya Indaravijaya Pandemic Vietnam
Ms Kattiya in front of KBank's newly opened branch in Ho Chi Minh City, Vietnam.

Kasikornbank (KBank) has studied bad asset management business in the Asian market, in line with the region's higher distressed debt because of the Covid-19 pandemic, said a KBank executive.

The bank has been approached by some parties in the regional market on bad asset sales from other financial institutions based in the region, especially China, Vietnam and Indonesia, according to KBank's executive vice-president Pattarapong Kanhasuwan.

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