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Thai Siam Comm Bank to raise 2011 loan growth target

BANGKOK : Thailand 's Siam Commercial Bank Pcl, Plans to raise its 2011 loan growth target from 10-12 percent, Preside
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By Shoaib Ur Rehman
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siam-commercial-bankBANGKOK: Thailand's Siam Commercial Bank Pcl, Plans to raise its 2011 loan growth target from 10-12 percent, President Kannikar Chalitoporn told reporters.

It had said it expected 2011 loans to grow 15 percent previously.

Plans to announce its second-half business plan, addding the economy should gain positive momentum from a new government after the landslide victory of Puea Thai in Sunday's poll.

 

Copyright Reuters, 2011

 

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