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SCB maintains loan growth at 3-5%

By k on July 10, 2009

SCB maintains loan growth at 3-5% thumbnail

BANGKOK, 10 July 2009 (NNT) – Mrs Kannikar Chalitarporn, the Managing Director of Siam Commercial Bank Public Company Limited (SCB), said her bank still maintained the loan target for the whole year at three to five percent.

Mrs Kannikar admitted the SCB’s business lending had been sluggish as the demand for loans in business sector remains low and the recovery of global economy remains uncertain.

Mrs Kannikar assured that SCB desired to release loans to its prospective customers at all times, and the borrower who would get the loans should be desirable candidates to the bank.

As for the bank’s non-performing loans (NPL), Mrs. Kannikar said the SCB could curb its size, adding that its exact size had not yet been known as the announcement date on its performance was approaching.

Related posts:

  1. SCB confident in business growth, economic recovery BANGKOK, 27 January 2010 (NNT) – The Siam Commercial Bank...
  2. SCB chief warns of US economic uncertainties BANGKOK, Sept 23 (TNA) – The Thai economy shows...
  3. EXIM Bank to consider easing loan regulations BANGKOK, 12 August 2009 (NNT) – The Export-Import Bank of...
  4. SCIB plans to lend more this year BANGKOK, 20 January 2010 (NNT) – The Siam City Bank...
  5. SCB affirms it is ready to extend loans to the industrial sector BANGKOK, July 29 (TNA) – Siam Commercial Bank (SCB), Thailand’s...

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