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Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Lhfg to expand taiwan loan portfolio | History Defined

Higher demand from foreigners investing in Asean will facilitate expansion, says Mr Shih.

Land and Houses Financial Business Group (LHFG), a holding company of LH Bank, aims to grow its Taiwanese banking business more aggressively this year, boosted by manufacturing relocation by multinational and Taiwanese firms to Asean amid deglobalisation.

The bank's Taiwanese loan portfolio tallied 8.9 billion baht in 2022, strong growth of 95% from the previous year.

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