Thailand’s Kasikornbank to open first branch in Vietnam


BANGKOK, Feb 9 (Reuters): Thailand’s second-largest lender by assets, Kasikornbank Pcl, has announced it plans to open a branch in Vietnam’s commercial hub of Ho Chi Minh City in the third quarter of this year to tap into the country’s growth.

"Attention is now focused on Vietnam as a regional investment hub that has attracted the world’s leading companies - including those from Thailand - thanks to its strong economy," said executive vice president Pattarapong Kanhasuwan, noting its recovery should be helped by the country's success containing Covid-19.

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