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Bangkok Post - Land and Houses Financial Business Group Earns AAA Upgrade from TRIS Rating

Bangkok Post - Land and Houses Financial Business Group Earns AAA Upgrade from TRIS Rating
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LH Financial Group Public Company Limited (LHFG) and Land and Houses Bank Public Company Limited (LH Bank)

Land and Houses Financial Business Group upgraded to A Stable by TRIS Rating

Mr. Shih, Jiing-Fuh, President of LH Financial Group Public Company Limited, revealed that the credit ratings of Land and Houses Financial Business Group, consisting of LH Financial Group Public Company Limited (LHFG) and Land and Houses Bank (LH Bank), have been upgraded by TRIS Rating.

LHFG aims to become an integrated financial advisor

Mr. Shih Jing-Fuh, President of LH Financial Group Public Company Limited (LHFG), elaborated that in 2022 the group would leverage our digital banking potential and collaborate with CTBC Bank, Taiwan’s largest commercial bank, raised its stake in LHFG from 35.62% to 46.61% in September 2021 and became the Group’s major shareholder. The transaction bolstered the Group’s competitiveness and paved way for international exposure.

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