Krungsri positive on outlook for Japanese, international loans

Krungsri positive on outlook for Japanese, international loans

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Mr Okubo stated Krungsri strategies to diversify its JPC/MNC loan portfolio by broadening into other markets such as trading, electronicdevices, and genuine estate, in addition to its existing focus on the vehicle sector. Bank of Ayudhya (Krungsri) has set an enthusiastic loan development target for its Japanese and international corporation (JPC/MNC) banking company this year, inspiteof experiencing a loan contraction in this sector last year. According to Bunsei Okubo, Krungsri’s head of JPC/MNC banking, Krungsri is targeting a 7% loan development for its JPC/MNC customers this year, a objective thoughtabout enthusiastic offered the bank’s 10% contraction in loans within this section in2023 This decrease was mostly associated to the slow development of the Thai economy and the vehicle market. Despite the contraction in loans, the bank handled to create favorable earnings and preserve satisfying possession quality in the JPC/MNC section last year. Moreover, Krungsri hasactually changed its service method to focus on recuperating loan development and boosting earnings for this year. Mr Okubo stated Krungsri strategies to diversify its JPC/MNC loan portfolio by broadening into other markets such as tradi
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