BBL seeks to grow Indian base across the region

Quick Summary:

Bangkok Bank (BBL) wants to expand its Indian customer base across both Thailand and its Southeast Asia network to tap rising outbound investments from India.

Another senior executive vice-president at BBL, Kobsak Pootrakool, said China recorded import growth of only 0.3% in September year-on-year, reflecting weaker demand and purchasing power.

"We are very interested in India and have been exploring the market for quite some time, given its strong economic growth of around 7-8% per year," he said.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaHong KongIndiaIndonesiaLaosPhilippinesTaiwanUkraineVietnam

Topics: Thailand Growth Indonesia International Bank Chaiyarit Banking Indian India Economic China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 07:10:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23367212

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 14 posts per day

Year Established: 1946

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Publisher ID: #66

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