State-owned Krungthai Bank (KTB) is focusing more on high-yielding retail banking and small and medium-sized enterprise (SME) loans in order to boost non-interest income, underscoring the fierce competition in these segments among big banks.
Thai banks are catching up to the global trend and their non-interest income could outpace interest income in perhaps three years, says Mr Vorapak. PAWAT LAOPAISARNTAKSIN
Thailand's second-largest lender by assets targets retail and SME loans of 60% of outstanding credit in three years, up from 50% currently, with corporate and government loans dipping to 40% from 50%.
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