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.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaHong KongIndiaIndonesiaLaosPhilippinesTaiwanUkraineVietnam

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 07:10:00 (3 weeks 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

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 7 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions