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DBS eyes tripling of Thai AUM with onshore-offshore model

Edwin Tan, DBS

Singapore lender DBS aims to increase its AUM in Thailand to THB 300 billion (US$9 billion) by 2026. Edwin Tan expects that the wealth management segment, including both affluent and private banking, will contribute 50% of the growth. “We currently have about THB 100 billion (US$3 billion) in AUM in Thailand,” the market head for Thailand and the Philippines told…

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