Showing 1-10 of 172 results
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UOBT prepares car title loan service for next year
Business, Somruedi Banchongduang, Published on 20/12/2022
» United Overseas Bank (Thai) or UOBT plans to formally offer a car title loan service next year as part of its business expansion.
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BAY looks to secure Vietnam toehold
Business, Somruedi Banchongduang, Published on 05/01/2018
» Bank of Ayudhya (BAY) is exploring opportunities in Vietnam's consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ's (BTMU) policy to deepen the group's reach in Southeast Asia.
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Thai banks eye regional expansion
Business, Somruedi Banchongduang, Published on 16/04/2024
» Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.
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PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
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UOB eyes partners to help SMEs hit sustainability goals
Business, Somruedi Banchongduang, Published on 06/04/2024
» UOB Thailand has teamed up with the government and private sector to assist local small and medium-sized enterprises (SMEs) in their transition towards business sustainability.
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Thai banks told to focus on tech as returns wane
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.
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CIMBT intensifies drive to expand retail loan portfolio
Business, Somruedi Banchongduang, Published on 19/03/2024
» CIMB Thai Bank (CIMBT) is intensifying its efforts to expand its retail loan portfolio, with the aim of boosting returns in the business segment through both interest rate and fee-based income.
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Krungsri: Corporate loans slow down as borrowers assess
Business, Somruedi Banchongduang, Published on 07/03/2024
» Wholesale loan growth has remained stagnant this year, with large corporates opting to wait for more favourable economic conditions before committing to new investments, according to an executive at Bank of Ayudhya (Krungsri).
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KBank eyes gain for regional banking
Business, Somruedi Banchongduang, Published on 29/02/2024
» Kasikornbank (KBank) is projecting 20% revenue growth for its regional banking business this year, in line with economic growth in Indonesia, Vietnam and China.
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Thai borrowers top global rankings for greatest fragility
Somruedi Banchongduang, Published on 19/02/2024
» Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.
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