On October 23, 2023, at the headquarters of the State Bank of Vietnam (SBV), Deputy Governor Doan Thai Son had a meeting with Mr. Chartsiri Sophonpanich, President of Bangkok Bank.
An overview of the meeting
At the meeting, Mr. Chartsiri Sophonpanich expressed his sincere thanks to the SBV for having facilitated and supported Bangkok Bank to operate in Vietnam since its establishment in 1992. He also briefed the hosts of the operational situations of the two branches of Bangkok Bank in Vietnam, and committed to continuing to accompany Vietnam’s economic development, which is reflected in Bangkok Bank’s strategic orientations for its presence in Vietnam in the future, including the plan of recapitalization for both of its Hanoi and Ho Chi Minh City branches in 2023 and the expansion of the network of domestic customers, as well as its operations of supplying capital to businesses from the regional countries investing in Vietnam. Moreover, Mr. Chartsiri Sophonpanich also made high evaluation for the investment environment in Vietnam, especially the stable macro-economic situation, the well-controlled inflation and interest rates, the constantly improved and transparent management policies. These are important factors bringing about confidence among foreign investors in Vietnam, including Bangkok Bank.
Deputy Governor Doan Thai Son speaks at the meeting
On the SBV’s side, Deputy Governor Doan Thai Son praised the active contributions of Bangkok Bank to Vietnam’s economy, as well as to the trade relations between the two countries. The SBV Deputy Governor asserted that the SBV is always consistent with the goals of ensuring safe and sound banking operations, creating a safe and healthy business environment for foreign banks operating in Vietnam, including Bangkok Bank. In addition, Deputy Governor Doan Thai Son hoped that in the coming time, Bangkok Bank would continue to further develop and obtain many encouraging results, expanding its investment and business operations, providing diversified services to customers in Vietnam, further promoting its role as a bridge for the trade relations between the two countries, thereby contributing to the acceleration of Vietnam’s economic development.
Le Hang