CIMBT expects overall business activities to remain sluggish because of low consumer confidence. Patipat JanthongCIMB Thai Bank (CIMBT) is studying shortening working hours to reduce salaries and reallocating working space to cut down on operating costs to adjust to the post-pandemic era. "We may reduce working hours and decreasing operating costs by lowering salaries to sustain our business in the long run. Mr Adisorn said the bank will continue to develop a digital platform to catch up with new normal. Mr Adisorn will step down from CIMBT, effective from Sept 15, to head TMBAM Eastspring.

Source: Bangkok Post July 05, 2020 19:18 UTC