FACTORING
KBank, China banks ink deal
- Published: 30 Oct 2012 at 00.00
- Newspaper section: Business
Kasikornbank (KBank) has moved aggressively in expanding its international factoring networks through cooperation with 19 Chinese banks, with the aim to boost the volume of factoring to nearly 29 billion baht through the network.
MrBanthoon (centre) poses with executive of the Chinese banks that have become KBank’s partners in factoring services and corporate loans for international trade.
According to Banthoon Lamsam, CEO and president of KBank, the bank yesterday entered into an agreement with 19 Chinese banks on factoring services and corporate loans for international trade.
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