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Friday, May 17, 2024

Bangkok Post – Krungsri upbeat on outlook for Japanese, multinational loans

Mr Okubo said Krungsri plans to diversify its JPC/MNC loan portfolio by expanding into other industries such as trading, electronics, and real estate, in addition to its existing focus on the automotive sector.

Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.

According to Bunsei Okubo, Krungsri’s head of JPC/MNC banking, Krungsri is targeting a 7% loan growth for its JPC/MNC clients this year, a goal considered ambitious given the bank’s 10%…

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