Thai Siam Commercial Bank sees 2014 home loan growth of 7 pct
Tuesday, 5 August 2014
Siam Commercial Bank Pcl Thailand's third-largest lender, said on Tuesday it expected 2014 housing loans to grow 7 per cent on the year on expectations that economic recovery would spur demand in the second half of the year. The bank aimed to focus on giving loans to condominium buyers, in view of the relatively low level of bad debt, Pikun Srimahunt, first executive vice president, told reporters, according to Reuters.