|Bid||38.50 x 0|
|Ask||39.00 x 0|
|Day's Range||38.50 - 39.00|
|52 Week Range||35.50 - 40.50|
|PE Ratio (TTM)||12.65|
|Earnings Date||Jan 18, 2018 - Jan 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||40.08|
Thailand's finance minister on Friday said the ministry was considering a plan to offer tax incentives to encourage mergers among the country's commercial banks to create institutions able to compete with foreign banks, including regional competitors. "Our policy is not to force but to give incentives to motivate them into thinking... because Thailand does not have a bank that can be called a champion bank that can compete with overseas," Finance Minister Apisak Tantivorawong told reporters in Bangkok. "So we will use tax incentives to help as a deciding factor," he said, without giving details or naming any Thai banks.
Japan's top banks flagged a cautious outlook and reported a jump in unutilised deposits, as they are hobbled by negative interest rates and tepid demand for cash from businesses amid weak economic growth. The results on Monday from Mitsubishi UFJ Financial Group (MUFG), Mizuho Financial Group and Sumitomo Mitsui Financial Group, the nation's top three banks by assets, underscore challenges the Bank of Japan (BOJ) faces in its attempt to spur borrowing and spending when companies are sitting on record levels of cash.