The Nation December 19, 2011 6:32 pm
Land and Houses Retail Bank, a unit of Thailand’s biggest homebuilder, said the Finance Ministry approved the bank’s request to become a full-service commercial bank.
The approval was granted on Dec 16.
The bank is renamed “Land and Houses Bank” from Dec 19 onwards.
In a statement, it plans to expand financial services upon receiving the approval. The bank plans to expand to 60 branches in 2012 from 43 this year.