Post by account_disabled on Jan 1, 2024 4:33:51 GMT
Mr. Pornsanong Tuchinda, President of Business Business Group Bank of Ayudhya revealed that in the first half of 2019, Krungsri's Business Business Group had strong operating results and grew as planned. Including non-interest income increased above target. Considering the domestic environment and the uncertainty of the world economic and trade direction. Krungsri's business customers can adapt to the effects of various fluctuations. very well Krungsri's business customers have focused on adjusting their portfolios to be balanced. To increase the quality of management and build strength and with the economic situation still fluctuating Krungsri continues to support business customers. By emphasizing the uniqueness of combining the power of Krungsri's strong service potential with the Mitsubishi UFJ Financial Group (MUFG) network, making it possible to offer different financial services.
In addition, it also recommends products that help manage currency and interest Email Data rate risks. as well as providing counseling Providing knowledge and activities that help build networks and increase business opportunities through the Krungsri Business Empowerment service so that business customers can use them to further their business and build long-term strength. There is also the development of transaction systems through various digital platforms. To increase efficiency for business customers to have flexibility and lower costs. including preparing to enter the digital economy Mrs. Methini Jongsaritwang, Chief of Staff for Large Business Customers Bank of Ayudhya said that the performance of large business customers grew more than expected in the first half of 2019, with total income increasing 6% from the same period last year. This is a result of the growth in fee income. As a result, the proportion of non-interest income increased from 18% to 25% of total income. In addition, from the collaboration with MUFG in providing business expansion services abroad.
business negotiation pairing and joint ventures It also resulted in strong growth of business for large business customers of Krungsri. Mr. Sayam Prasitsirikul Chairman of the SME Business Customer Group Bank of Ayudhya said that Krungsri's SME, medium-sized (SME-M) and small (SME-S) business customers had strong growth and were higher than the target set. In the first half of 2019, the SME-M and SME-S loan portfolio increased by 8% compared to the end of 2018. This is a result of the increased growth in supply chain loans. Meanwhile, deposits also grew strongly at 8%. Fee income from foreign trade businesses increased 8% from the same period last year. This is a result of the collaboration between Krungsri and MUFG, while fee income from domestic transactions increased 26% from the same period last year. Non-performing loans (NPL) for Krungsri's SME customers stood at 3.4%, compared to 3.8% at the end of 2018, and was lower than the overall industry.
In addition, it also recommends products that help manage currency and interest Email Data rate risks. as well as providing counseling Providing knowledge and activities that help build networks and increase business opportunities through the Krungsri Business Empowerment service so that business customers can use them to further their business and build long-term strength. There is also the development of transaction systems through various digital platforms. To increase efficiency for business customers to have flexibility and lower costs. including preparing to enter the digital economy Mrs. Methini Jongsaritwang, Chief of Staff for Large Business Customers Bank of Ayudhya said that the performance of large business customers grew more than expected in the first half of 2019, with total income increasing 6% from the same period last year. This is a result of the growth in fee income. As a result, the proportion of non-interest income increased from 18% to 25% of total income. In addition, from the collaboration with MUFG in providing business expansion services abroad.
business negotiation pairing and joint ventures It also resulted in strong growth of business for large business customers of Krungsri. Mr. Sayam Prasitsirikul Chairman of the SME Business Customer Group Bank of Ayudhya said that Krungsri's SME, medium-sized (SME-M) and small (SME-S) business customers had strong growth and were higher than the target set. In the first half of 2019, the SME-M and SME-S loan portfolio increased by 8% compared to the end of 2018. This is a result of the increased growth in supply chain loans. Meanwhile, deposits also grew strongly at 8%. Fee income from foreign trade businesses increased 8% from the same period last year. This is a result of the collaboration between Krungsri and MUFG, while fee income from domestic transactions increased 26% from the same period last year. Non-performing loans (NPL) for Krungsri's SME customers stood at 3.4%, compared to 3.8% at the end of 2018, and was lower than the overall industry.