Big bank: SCB, with its 1,200 domestic outlets, offers one of the last meaningful bank distribution deals available in South-East Asia. — Reuters
They are among insurers considering bids for SCB’s insurance unit stake
SINGAPORE: AIA Group and Britain’s Prudential PLC are among insurers considering bids to buy at least 49% of the US$3bil insurance unit of Thai lender Siam Commercial Bank (SCB) , people with direct knowledge of the matter said.
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