Thailand’s Bank of Ayudhya plans to grow its presence in Southeast Asia

Bangkok, Thailand. Photo: Jakob Owens/unsplash

Thailand’s fifth-largest lender by assets, Bank of Ayudhya Pcl, is planning to grow its presence in Southeast Asia and generate 10% of profits from overseas by 2023, a senior executive said on Monday.

“We will use our strengths to build new business, diversify and build resilience,” chief strategy officer, Pairote Cheunkrut told reporters.

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