Krungsri gears for return of investors from Japan
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Bank of Ayudhya, commonly known as Krungsri, is reinforcing its commercial banking after seeing a return by Japanese companies considering investment in the Kingdom in light of the government’s “Thailand 4.0” industrial goals.
Pornsanong Tuchinda, head of commercial banking, said Wednesday that healthcare and wellness and real estate were currently the priority focus of Japanese businesses looking to invest in Thailand again since the government announced the Thailand 4.0 industrial-development policy.
The actual level of new Japanese investment will be seen when these companies have a clear picture of development plans under the policy, he added.
Japanese companies invested in Thailand have been a crucial part of the customer base for Krungsri’s commercial-banking operations since 2015, reflecting the successful integration between the Thai bank and BTMU Bangkok Branch, which is part of Japan’s MUFG Group, he said.
