Kasikornbank (KBank) expects to book marginal growth this year, in line with economic circumstances.
The bank’s loan expansion this year is expected to be marginal after total outstanding loans contracted by 2.29% for the first nine months of 2023 year-on-year.
KBank set a loan growth target of 5-7% this year, said chief executive Kattiya Indaravijaya.
As a result of the uneven recovery of the Thai economy and global uncertainties, the bank has been prudent with its loan expansion, using a selective…
