Olympus Capital acquires a 25% stake in Thai Credit for $91m.

Olympus Capital Asia, a leading private investment firm in Asia, acquires 25% stake in Thai Credit Retail Bank for $91m. As a result of this investment, Olympus Capital will become Thai Credit's largest external investor and the existing sponsors will continue to be the largest shareholders. Olympus Capital nominees will also join the Board of Directors of the Thai Credit. "Thai Credit has successfully and profitably addressed the challenge of providing banking services to the underbanked population in Thailand. We look forward to working closely with the majority shareholder and senior management to further build on fundamentals and grow Thai Credit rapidly over the next several years.” Gaurav Malik, Olympus Capital Managing Director.