The company will also set up three platform evolution initiatives focusing on operational excellence, data intelligence and professional skill enhancement. According to JETRO research, there are about 4,500 Japanese companies in Thailand. Krungsri views itself as a vital banking connection for Japanese companies in Thailand, with an estimated 70-75 per cent of all Japanese companies here having accounts with Krungsri. In 2018, loan volume increased by 16 per cent from a year earlier, while deposit volume increased 10 per cent. “To support foreign investment into Thailand by Japanese and other multinational customers, we will focus more on the EEC area,” Nakada said.

Source: The Nation Bangkok May 27, 2019 06:56 UTC