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Monday, April 29, 2024

KTC sets out growth plans for 2024

A Krungthai Bank branch in Bangkok. The bank’s Krungthai Card plans to expand its new personal loan customers by 100,000 and grow its loan portfolio by 5% in 2024. (Photo: Nutthawat Wicheanbut)

Krungthai Card (KTC) has set ambitious business growth targets for next year amid greater uncertainties, especially economic circumstances and regulatory risk.

Regulatory factors represent a key challenge affecting the company’s business in terms of both business expansion and business management amid global economic uncertainties, rising interest rates, and new regulations from the Bank of Thailand, said Pittaya Vorapanya,…

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