Mr Yamato says retail banking should contribute to the bank’s income for the next three years under its medium-term business plan.
Krungsri (Bank of Ayudhya) plans to expand its retail banking business in regional markets because of the high growth potential of Southeast Asian economies.
The bank targets total loan growth of 3-5%, with corporate loans gaining 4-6%, small and medium-sized enterprise (SME) loans 2-3%, and retail loans 3-5%, in line with the country’s economic growth.
In addition, the high growth potential of the regional economy should support the bank’s regional banking business, with a presence in nine…
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