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Kasikornbank sets up Chinese unit

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Kasikornbank sets up Chinese unit

Kasikornbank PCL converted Starbright Finance Co. Ltd. into Kasikornbank (China) Co. Ltd.

The Thailand-based lender acquired Shanghai-based Starbright Finance in 2015. In a statement, the bank said Starbright Finance completed its dissolution with China's State Administration for Industry and Commerce and closed March 30.