TMB Bank successfully raises THB 37.60 billion in new capital
TMB Bank Public Company Limited announced today the successful completion of its THB 37.60 billion capital raising exercise.
Following the completion of the capital raising, the Ministry of Finance’s holding in TMB shall be 26.1%, ING Bank N.V. (Netherlands) 25.2%, and DBS Bank 6.8%.
At completion, TMB Board of Directors will also be restructured, with three ING representatives joining the new TMB Board.