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Tuesday, April 30, 2024

Bangkok Post – KBank focuses on Vietnam, Indonesia

Flags fly outside Kasikornbank’s headquarters in Bangkok. (Photo: Pornprom Satrabhaya)

Kasikornbank (KBank) is focusing on expanding its international banking business this year in Vietnam and Indonesia based on the high growth potential of the two Asean economies.

The bank’s international business is called World Business Group (WBG).

Vietnam and Indonesia are expected to post strong economic growth compared with their regional peers, said KBank chief executive Kattiya Indaravijaya.

The World Bank forecasts long-term Thai GDP growth of 3%.

The regional expansion is expected to facilitate the bank’s business growth…

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