The TBA is a non-profit organization that represents the interests of the Thai banking sector. The TBA has been working closely with the Thai government to develop a comprehensive plan to support the growth of the retail sector.

KBank’s Strategic Focus

KBank has chosen to prioritize its existing clients over new ones, focusing on providing additional credit lines and debt restructuring assistance. This strategic decision is driven by the bank’s understanding of the current economic climate and the need for its clients to navigate the challenges of the pandemic and its aftermath. The bank’s decision to concentrate on its existing clients is also influenced by its desire to build long-term relationships and foster a sense of trust and loyalty among its customers.

The bank will await further details on the potential relaxation of the 2% reserve requirement for banks before assessing its impact on mortgage loan growth.

Further details on this topic will be provided shortly.