Local commercial banks are concentrating on debt restructuring and asset quality rather than business growth amid fragile economic conditions that could linger into next year.
Pipatpong Poshyanonda, co-president of Kasikornbank (KBank), said the bank will continue paying attention to helping customers with debt restructuring for next year, together with seeking new business opportunities.
Despite participating in the debt restructuring programme, customers also need additional credit lines to support financial liquidity and continue business operations.
KBank, the country’s largest commercial lender by total assets, expects to manage rising unc…
Read the full article at: https://www.bangkokpost.com/business/2012403/banks-emphasise-debt-rejig-assets