Citibank gets lending license for Thailand

Friday 30 November 2001 at 16:00

Citibank Worldwide Securities Services (WWSS) has gained a securities borrowing and lending (SBL) Agent license from the Thailand Ministry of Finance.

In Thailand, a mandatory stock borrowing and lending programme is operated by the Thailand Securities Depository Co. This programme allows local broker-members and sub-brokers to fulfill their settlement obligations to the stock exchange.