Two Thai banks swung to trouble

Prime Minister Samak Sundaravej told the NBT on Thursday that a foreign ambassador had approached him with a bidding offer to buy two Thai troubling banks during his visit at a neighboring country.
He said he was rather surprised as he himself never heard of such thing.
“They happened to know. They want to buy both the [...]

NYP shares rise 8.45% on rumor that lender has given it a nod for entering refinancing program.  A fresh infusion of Bt2.695 billion has MLR cost of 1.25 per cent per annum.