trending Market Intelligence /marketintelligence/en/news-insights/trending/pixtXqOn-JLfMige3Ub3EA2 content esgSubNav
In This List

BOC Hong Kong to complete acquisition of Bank of China's Thai unit

Blog

Global Capital Markets & SPAC Activity – H1 2021

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration


BOC Hong Kong to complete acquisition of Bank of China's Thai unit

BOC Hong Kong (Holdings) Ltd. expects the proposed acquisition of Bank of China Ltd.'s Thailand unit to be completed Jan. 9.

Following a share purchase, Bank of China (Thai) PCL will become a wholly owned subsidiary of BOC Hong Kong.

BOC Hong Kong in June 2016 had agreed to acquire Bank of China's subsidiaries in Thailand and Malaysia as part of plans to take over banking operations from the parent in Southeast Asian countries and become a regional bank.