HSBC/Bank of Ayudhya

HSBC sells Thai retail business to Bank of Ayudhya

Bank of Ayudhya agrees to pay $112 million for HSBC’s Thai retail banking business.
<div style="text-align: left;"> No longer the world's local bank </div>
<div style="text-align: left;"> No longer the world's local bank </div>
January 27, 2012

HSBC finally sold off its Thai retail banking business to Bank of Ayudhya on Wednesday, the last day of the lunar new year holiday in Hong Kong.

¬ Haymarket Media Limited. All rights reserved.

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