Krung Thai Bank Aims to Join Regional Banking Powers

  • KTB plans to increase profitability and boost size through M&A
  • Chief Vorapak says lender `needs to be strong enough to act'

Vorapak Tanyawong.

Photographer: Brent Lewin/Bloomberg

Krung Thai Bank Pcl, Thailand’s second-largest lender by assets, is cleaning up its balance sheet and preparing to make acquisitions in a bid to join the ranks of the biggest Southeast Asian banks.

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