SINGAPORE: DBS Group Holdings Ltd and Standard Chartered Plc are among the lenders planning to bid for Citigroup Inc consumer banking assets in Asia as the US lender divests units across five markets in the region, according to sources.
Binding bids for Citigroup’s retail assets in Indonesia, the Philippines, Taiwan and Thailand are due today, while offers for the India unit are due next week, said the sources.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
