BBL to assist Oita Bk's clients in Thailand

MONDAY, MAY 28, 2012
BBL to assist Oita Bk's clients in Thailand

Bangkok Bank and Oita Bank in Japan have struck a cooperative agreement to assist Japanese companies in starting up business in Thailand.


 In the agreement signed by Bangkok Bank President Chartsiri Sophonpanich and Oita Bank President Shoji Himeno, Bangkok Bank will provide financial services and advice about how to start new businesses in Thailand, as well as information about politics, the economy and finance.The contract was awarded thanks to its extensive network in Asean.
 According to the bank, social and economic changes such as deflation and the strong yen are affecting the competitiveness and profitability of companies in Japan which are looking to invest in production facilities and supply chains in foreign countries including Thailand.