BBL eyes foreign lending
- Published: 11 Mar 2013 at 00.00
- Newspaper section: Business
Despite greater business and investment opportunities on the back of the robust Asian economy and bright prospects for the Asean Economic Community (AEC) in 2016, Bangkok Bank (BBL) is maintaining its international loan portfolio at 18% of its outstanding credit this year.
Executive chairman Kosit Panpiemras said BBL's proportion of offshore loans is in line with international opportunities and the bank's risk management.
BBL plans to open only one foreign branch this year, in Medan, Indonesia. It is awaiting approval from that country's central bank.
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