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Bangkok Bank Dismisses Suggestions of Need for New E...uity Issues.

By Darana Chudasri, Bangkok Post, Thailand Knight Ridder/Tribune Business News

Aug. 15--Bangkok Bank (BBL) executives have insisted that the bank has no need or plans to raise new capital.

M.R. Pridiyathorn Devakula, governor of the Bank of Thailand, said on Wednesday that banks with outstanding capital securities, including Bangkok Bank, had already reached preliminary agreement with regulators to raise capital through new e...uity issues as they retired their hybrid instruments.

But Piyapan Tayanithi, a BBL executive vice-president, said the

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