By The Nation
With the aim of building a balanced portfolio to drive toward sustainable growth, Krungsri will deploy digital technology and innovation to provide total financial-solution services, and continue to leverage synergy between its local expertise and the global strength of its ultimate parent, Japan’s Mitsubishi UFJ Financial Group (MUFG).
For this year, the bank’s commercial banking operation targets loan growth of 6-8 per cent, and deposit growth at the same level.
Pornsanong Tuchinda, Krungsri’s head of commercial banking, said on Tuesday: “Krungsri’s commercial banking group succeeded in building asset growth under the first medium-term business plan during 2015-2017, with an average loan growth of 7.5 per cent per year and average deposit growth of 5 per cent a year.
“This reflected our capabilities to build on our success after the integration between Krungsri and BTMU [Bank of Tokyo-Mitsubishi UFJ] Bangkok Branch, and the collaboration with MUFG’s global network.”