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Bangkok, Thailand, Bank to Review Strategy.
Byline: Darana Chudasri
Apr. 8--Bangkok Bank plans to review its current business plan later this month to reflect the impact of the Sars epidemic and fears that the Iraqi war could drag on longer than previously expected.
Deja Tulananda, a bank senior executive vice-president, said Sars was a "hot issue that would force the bank to adjust our business model".
Both the Iraqi war and Sars were expected to have a definite impact on the overall economy, particularly on the tourism sector, he said.
While the impact on other industries was not so clear, Mr Deja said the bank needed to prepare contingency plans to contain any potential ...
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Source: HighBeam Research, Bangkok, Thailand, Bank to Review Strategy.