Stocks in the news (ktb) 18.04.13

KTB changes tack to focus on fees — State-owned Krungthai Bank (KTB) is focusing more on high-yielding retail banking and small and medium-sized enterprise (SME) loans in order to boost non-interest income, underscoring the fierce competition in these segments among big banks. Thailand’s second-largest lender by assets targets retail and SME loans of 60% of outstanding credit in three years, up from 50% currently, with corporate and government loans dipping to 40%from 50%. The bank also plans to increase non-interest income to 30% of revenue in three years from 20% last year, said president Vorapak Tanyawong during an exclusive interview with Bangkok Post and Post Today. (Bangkok Post, 18/04/13)

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