Mizuho Bank, Ltd. has signed a business cooperation agreement with TISCO Financial Group Public Company Limited (TISCO FG) on July 30, 2020.
TISCO FG is the holding company of a full-service financial group in Thailand. Established in 1969 as the first investment bank in the country, it has since grown to become a major financial group encompassing commercial banking, securities, and asset management. Mizuho has been collaborating with TISCO FG’s subsidiary, TISCO Bank Public Company Limited, since signing a business cooperation agreement in June 2006.
In addition to cooperation, information exchange, and client referrals in commercial banking, the latest comprehensive business agreement with TISCO FG will enable collaboration in securities and asset management fields as well, thereby deepening the partnership.
With the financial industry in Thailand evolving rapidly, direct financing in Thailand is in importance alongside traditional indirect financing. Through the collaboration with the TISCO group, Mizuho says it will address the various needs of companies in Thailand through the combined range of financial services.