Thursday, June 04, 2020

Kasikornbank revises growth targets

Apr 04. 2020
CEO Kattiya Indaravijaya
CEO Kattiya Indaravijaya
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By THE NATION

Kasikornbank is revising growth targets for all of its businesses in response to impacts from the Covid-19 outbreak, chief executive officer Kattiya Indaravijaya said on Friday (April 3).

She added that the revision is expected to be completed in June.

The bank had previously targeted total loan growth of 4-6 per cent this year. It targeted personal loan growth of 30 per cent.

Kattiya added that the bank was currently focusing on helping customers survive the impact of the outbreak. She remained confident, however, that the bank will post a strong performance in the future, despite the economic downturn caused by the pandemic.

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