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Thai Siam Commercial Bank sees 2014 loan growth of 5 pct
August 7, 2014 / 7:22 AM / 3 years ago

Thai Siam Commercial Bank sees 2014 loan growth of 5 pct

BANGKOK, Aug 7 (Reuters) - Siam Commercial Bank, Thailand’s third-largest lender by assets, said on Thursday it expected loan growth of 5 percent in 2014 from a year earlier after a pick-up in demand and improved economic outlook.

President Kannikar Chalitaporn told reporters lending demand from small and medium sized businesses has started recovering since June. (Reporting by Manunphattr Dhanananphorn; Writing by Khettiya Jittapong; Editing by Anupama Dwivedi)

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