Aug. 30 (Bloomberg) -- Kasikornbank, the nation's fourth- largest bank by assets, plans to arrange financing for two hydropower projects in Laos, Executive Vice President Vasin Vanichvoranun said.
Kasikornbank will provide about four billion baht ($133 million) to both the Nam Ngum 3 and Nam Ngiep 1, power plants in Laos with a combined value of more than 60 billion baht, he told reporters in Bangkok today.
Kasikornbank and its unit Kasikorn Securities also have 15 fundraising deals this year with a combined value of 360 billion baht, he said. Of those, four deals worth 5 billion baht are initial public offerings, he said.