Krungsri completed the acquisition of an additional 16.33% share in Tidlor from SACA.

Krungsri, a Thai bank, completed the acquisition of an additional 16.33% share in Tidlor, a Thai holding company, from SACA, a financial services company. Financial terms were not disclosed. “On behalf of the management team and all employees, we are delighted that Krungsri recognizes and values our leading position and future potential in lending and insurance inclusion. Krungsri’s increased stake will strengthen TIDLOR’s profile as an investment option during this period of domestic and global uncertainty,” Mr. Piyasak Ukritnukun, Tidlor Holdings Public Company Limited Managing Director.