Succession rate of Thai 2nd generation tops international typical, however digital abilities will be important PUBLISHED : 18 Jul 2024 at 21: 31 Thai household companies are actively preparing for the shift to the next generation, leading to an increased need for advisory services, states Perapat Reinprayoon, head of personal banking for wealth preparation and non-capital markets at Kasikornbank. The 2nd generation of Thai household services has a greater succession rate than the international typical, however digital competence stays a important requirement for them, according to Kasikornbank (KBank). KBank provides its personal banking services to around 12,000 high-net-worth people, 90% of whom are in household services, according to Perapat Reinprayoon, head of personal banking for wealth preparation and non-
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