MUFG Thailand

Japan's MUFG to buy Bank of Ayudhya stake for $5.6 billion

The deal marks the largest purchase of a Thai bank in history and the biggest purchase by a Japanese bank across Southeast Asia.

<div style="text-align: left;"> Thailand offers growth opportunities for Japanese banks </div>

Alison Tudor-Ackroyd

July 03, 2013

Japan’s Mitsubishi UFJ Financial Group has agreed to buy up to 75% of Thailand’s Bank of Ayudhya for ¥560 billion ($5.6 billion), marking the largest purchase of a Thai bank in history.

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