26 March 2014
Krungthai Bank (KTB) is building up human
resources and recruiting more managers for wholesale banking after finding that
its ratio of relationship managers to corporate accounts is lower than its
peers.
Of the 1,700 business groups in KTB's wholesale
banking customer base, only 20% are active because the bank doesn't have enough
relationship managers to cover all kinds of corporate customers. Though major
banks have shifted to investment banking, KTB still aims to increase its
corporate loans because its major income will continue to be interest income. KTB
sees more opportunity to grow in corporate lending because it still has 800-900
accounts that are not actively captured. KTB's wholesale banking portfolio runs
around Bt600 billion.
KTB will also increase its role as a lender in the
CLMV (Cambodia, Laos, Myanmar and Vietnam) market. In Laos alone, KTB is the
largest lender among Thai banks. KTB is the lead arranger for a US$700 million
syndicated loan to the 410-megawatt hydropower plant operated by Xe-Pian
Xe-Namnoy Power Co (PNPC). KTB will be active in Laos as the lead arranger of
syndicated loans because Laos, which is the "battery of Asia", has
power plant projects that require debt financing.
Source:
No comments:
Post a Comment