Mr Okubo says the bank aims to maintain its leadership position in the Japanese corporate market and targets total loan growth of 3% this year, in line with Thai GDP growth.
Bank of Ayudhya, which markets itself as Krungsri, believes the new government will support Japanese investment in Thailand.
Japan remains the country’s leading foreign investor, accounting for 23.3 billion baht or 28.6% of total investment. Japanese investors are monitoring the political situation as a coalition of parties attempts to form a government.
Bunsei Okubo, Krungsri’s head of Japanese corporate and multinational banking, believes the new government should support Japanese investment here.
Thailand’s strong economic fundamentals and infrastructure…
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