Kiatnakin Bank (KK) plans to complete its merger with Phatra Capital by August, with revenue from the integrated business to be recognised by the fourth quarter.
Tawatchai Sudtikitpisan, KK's president and chief executive, Phatra Capital will be delisted following completion of business integration.
KK and Phatra last December agreed to a merger deal worth 7 billion baht.
The transaction involves swapping one Phatra share for 0.9135 Kiatnakin shares pending shareholder approval next month.
"The integration will raise our share of the capital market," said Mr Tawatchai.
"Phatra will oversee all capital market business while Kiatnakin Bank remains in banking. As a result, we have focused on both financial markets and banking."
At the end of last year, KK had total deposits of 69 billion baht.
Loans (net of deferred revenue) totalled 135 billion baht, in which hire-purchase lending contributed 70% and small and medium-sized enterprise (SME) loans the rest.
This year, KK plans to increase its SME business by 19% from total SME outstanding loans of 30.5 billion baht.
To this end, it has relaunched its SME lending business under the new KK Biz brand.
KK Biz targets five lending targets - property, apartments, logistics, printing and packaging, and working capital for first- and second-hand car dealers.
Yesterday, KK released its most recent study conducted with Chulalongkorn University about the bank's property development customers.
The survey of homebuyers showed 87% of 395 respondents who were flood victims preferred to stay in the same area.
Some 63% of all respondents believe there will be more flooding this year, while 77% are prepared to evacuate.
Also, most respondents changed their preference after the flood crisis to living in high-rise rather than low-rise units while still preferring to live in the same flood-prone areas.
Furthermore, the increase in the daily minimum wage will affect construction costs, resulting in home-price hikes and changes in the construction system.
KK shares closed yesterday on the SET at 37 baht, unchanged, in trade worth 60.7 million baht.