KBank bolsters risk responses
- Published: 6 Feb 2013 at 00.00
- Newspaper section: Business
Kasikornbank strengthened its risk management for retail finance in response to the central bank's warning about higher household debt.
Executive vice-president Wirawat Panthawangkun said the bank has improved safeguards in some areas to cope with a higher consumer loan portfolio.
The risk management practices include more frequent credit line reviews for risky customers, encouraging clients to pay their debt before the due date, and increasing the number of debt collectors.
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