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Thai Bankers pleased with syndicated loan outlook

Bankers say the improving economy has led to an increase in both domestic and international investment, and this in turn will spur growth in syndicated loans this year. Chartsiri Sophonpanich, the president of Bangkok Bank (BBL), said syndicated finance within the banking industry looked set to improve this year thanks to the country’s economic expansion. Demand for corporate loans for working capital and project investment, both locally and internationally, has been on a positive trend since the start of the year. Bangkok Post


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