$

BAY

BANK OF AYUDHYA
BAY.BK
Last Price
38.25
09:38 GMT / 17 JUL 2019
Value Change [%]
0.00
[(0.00%)]
Volume
84,200
Open
38.50
Day's High
38.50
Year's High
42.50
Previous Close
38.25
Day's Low
38.25
Year's Low
36.50
Earnings Per Share
4.26
P/E Ratio
8.98
Lot Size
100
Div. Yield (%)
2.22
Dividend
0.85
Div. Pay Date
23 MAY 2019
Ex-Div. Date
08 MAY 2019
Last Trade
38.25
Last Trade Time (GMT)
09:38
Last Trade 2
38.25
Last Trade 3
38.25
Volume
84,200
Turnover
3,225
Bid
38.25
Bid Size
118,300
Ask
38.50
Ask Size
112,200
Close Bid
38.25
Close Ask
38.50
aseanexchanges
@aseanexchanges

Bank of Ayudhya Public Company Limited (the Bank) is a Thailand-based commercial bank. It offers a range of financial products and services to corporate, small and medium-sized enterprise (SME), and individual customers through its nationwide branch network. The Bank also provide related financial services through its subsidiaries, which include credit cards, life and non-life insurance, asset management, securities trading, auto hire purchase, equipment leasing, factoring, microfinance, and installment loans. Its services also include trade finance, letter of guarantees, letter of credit, investment banking, payment and cash management, financial advisory, currency exchange, domestic and international fund transfer, automated teller machine (ATM) cards, debit cards, credit cards, bancassurance, and investment services. As of December 31, 2010, it had 586 domestic branches, with 274 branches in Bangkok and its vicinities and 312 branches in upcountry.

  • Market News
Japan's MUFG looks online to boost Africa, Middle East networks
12 September 2019
source: reuters.com
    By Takashi Umekawa and Takaya Yamaguchi
    TOKYO, Sept 12 (Reuters) - MUFG Bank Ltd  8306.T  plans to
roll out an online platform to help clients find business
partners in countries outside of Asia where it does not have a
strong network, an official with Japan's largest lender said. 
    The MUFG Trade Club, to be introduced this month, will link
MUFG clients into a broader network of 13 other banks including
Spain's Santander  SAN.MC  and South Africa's Standard Bank
 SBKJ.J , the official said, who declined to be identified, as
the information has not been made public yet. 
    The move represents an acknowledgment by MUFG Bank that it
hasn't met the needs of Japanese clients looking to expand into
Africa, the Middle East, and parts of Europe where it does not
have a strong presence or local partner, the official told
Reuters this week. 
    MUFG Bank is the lending arm of Mitsubishi UFJ Financial
Group, one of the world's largest banks by assets.
    "There are clients who want to sell their products such as
cosmetics, accessories, and Japanese sake, into non-Asian
countries," the official said.   
    Japan's big banks have typically followed the lead of their
large clients in moving abroad. MUFG has a presence in the
United States, the United Kingdom and elsewhere, including a
wide network in Asia. 
    It has stakes in PT Bank Danamon Indonesia Tbk  BDMN.JK ,
Thailand's Bank of Ayudhya Pcl  BAY.BK , Security Bank Corp
 SECB.PS  of the Philippines, and Vietnam-based VietinBank. The
ties reflect Japan's status as a top exporter to those
countries, accounting for $83 billion in exports in 2018,
according to IMF trade data. 
    By contrast, Japanese companies and banks have lagged behind
Chinese rivals in other emerging markets, particularly in
sub-Saharan Africa. Standard Bank, Africa's largest lender by
assets, is 20% owned by Industrial and Commercial Bank of China
 601398.SS 
    While the new service will be provided for free, MUFG is
betting it will mean new business if clients need foreign
exchange transactions or capital investment.
    It aims to have at least 300 clients registered on the
platform, the official said.

 (Reporting by Takashi Umekawa and Takaya Yamaguchi; Editing by
David Dolan and Sherry Jacob-Phillips)
 ((Takashi.Umekawa@thomsonreuters.com;))
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