Oppenheim Savings & Loans KB announces expansion of securities lending in Thailand.
HONG KONG, 23 Aug 2021 /EINPresswire.com/ – Loans and Savings Oppenheim KB announced today that it is expanding loans secured by securities programs in Thailand. As far as Thailand is concerned, we entrusted it to the informative and very talented Tanawat Aroonpun. Tanawat – Founder and CEO Straits Asset Groupoffering a wide range of financial services with a focus on private equity and infrastructure.
We asked Tanawat what he thinks about this collaboration, he said: “Working with Oppenheim means adding another reliable partner to support the onward growth of our clients, so I am very pleased that we can provide this alternative financing to our clients in Thailand.”
The alliance with the Straits Asset Group leverages growing funding for Oppenheim shares in Thailand and marks another step in Oppenheim’s investment in the region. Straits Asset Group has signed a partnership agreement with Oppenheim focusing on their securities lending program. The role of the Straits Asset Group is to identify leads, conduct a preliminary study of the needs of the leads, and advise Oppenheim accordingly.
Amos Chong, Executive Vice President Securities Lending, said: “We are delighted to join forces with the Straits Asset Group in our commitment to continually improve and expand Oppenheim’s equity financing business. As Tanawat is our eyes and ears on the ground in Thailand, we are strengthening our ties with this friendly country by expanding our financial capacity to fund our Asian partners. ”
Craige Stevenson, Private Banking Division, commented, “We are delighted to expand our Securities Lending Program in Thailand. Located in Southeast Asia, Thailand is the second largest economy in the region. With the increased demand from businesses now coming from Thailand, we strongly believe in Tanawat that he will do great things with Oppenheim.
Visit our website for more information; https://www.oppenheimltd.com/
About Oppenheim Savings & Loans KB
Oppenheim Savings & Loans KB is a leading European provider of wealth management and multilateral M&A services for all aspects of debt and equity financing, restructuring appraisal and strategic consulting. Oppenheim prides itself on strong partnerships with licensed local financial institutions and strong global custodian banks, including China Merchants Securities, Haitong Securities, Credit Suisse, Citibank, Deutsche Bank and HSBC, to help protect clients’ assets.
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