Thai Firm Partners With Myanmar Tycoon for Financial Services Expansion

Thailand’s SET-listed digital finance firm Group Lease PCL (GL) has formed a strategic partnership with Myanmar tycoon U Aung Moe Kyaw and other investors at AMK Consortium to launch financial services in the country. Under the new partnership, GL will set up a joint venture company with AMK Consortium, which will support Century Finance Company […]

Thai finance firm Group Lease to buy Myanmar microfinance business

Thai motorcycle lessor Group Lease PCL plans to buy 71.9 percent of BG Microfinance Myanmar from Sri Lanka’s Commercial Credit and Finance PLC for an unspecified amount, to take advantage of rising microfinance demand in Southeast Asia. Through the deal, Group Lease will expand its regional presence, adding Myanmar to Thailand, Cambodia, Laos and Indonesia, […]