Malaysia's RHB bank looking to expand operation in Thailand | Bangkok Post: business

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RHB may raise capital for Thai expansion

Asset acquisition also being considered

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RHB Bank Bhd Thailand, the local unit of Malaysia's fourth-largest bank, may increase capital to support its aggressive expansion plan. 

RHB remains keen on asset acquisition in the Thai financial market as well.

Country head Thiti Musuwan said the bank's Bangkok branch has paid-up capital of 2 billion baht and will likely raise the capital base to serve this year's growth plans.

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