Bangkok Insurance to sell products in Laos, Cambodia
The SET-listed Bangkok Insurance (BKI) is stepping up its local branch expansion and plans to sell its products in Laos and Cambodia. The move prepares it for the region’s economic integration in 2015. President Panus Thiravanitkul said BKI will open one branch each in Prachuap Khiri Khan,Trang and Ayutthaya provinces. Another one will be added next year in Mukdahan. It now has 22 branches. As well, BKI, through joint-venture firms, has presence in Indonesia, the Philippines, Cambodia and Laos where it holds 18%, 15%, 25%, and 19%, respectively.
