BBL looksfor to grow Indian base throughout the area

As Thailand’s biggest lendinginstitution by overall properties, Bangkok Bank leads the market in worldwide banking. Bangkok Bank (BBL) desires to broaden its Indian consumer base throughout both Thailand and its Southeast Asia network to tap increasing outbound financialinvestments from India. According to Chaiyarit Anuchitworawong, senior executive vice-president at BBL, Indian outgoing financialinvestments in the area are speedingup, driven by the strong development capacity of both Indian and Southeast Asian economies. As a local bank, BBL is broadening its global loan portfolio through overseas customers, specifically in Thailand, Indonesia, Hong Kong and China, he stated. Though BBL has no physical existence in India, its local network can still cater to Indian clients, getting income from this section. In Thailand, foreign financiers mainly focus on the petrochemical and garment markets, while the bank’s overseas customer base and service directexposure continue to grow, stated Mr Chaiyarit. “We are really interested in India and haveactually been checkingout the market for rather some time, provided its strong financial development of a
Read More.