Bank Asia has set a strategic target to increase the share of small and medium-sized enterprises (SMEs) and retail businesses in its total loan portfolio to 40 percent within the next three to four years.
The bank views micro, small, and medium enterprises (MSMEs) as the primary engine for future growth, signaling a deliberate shift in its lending composition toward smaller borrowers.
This strategic pivot reflects a broader trend among financial institutions in emerging markets to deepen retail and SME penetration.
By targeting a 40 percent share, Bank Asia aims to diversify its funding base and capture growth in segments that have historically been underserved by traditional corporate lending models.
The move suggests management sees significant untapped potential in the country's small business sector.
The strategy aligns with recent policy directives in the region aimed at boosting financial inclusion.