Showing 1-10 of 16 results
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Banks' transaction crash rate down in Q2
Business, Somruedi Banchongduang, Published on 05/08/2020
» The banking sector continued to endure transactional crashes in the second quarter, albeit at a lower rate, as transaction volume surged.
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Corporate bond issuance plunges
Business, Somruedi Banchongduang, Published on 19/05/2020
» New corporate bond issuance has plummeted 41.9% from a year earlier for the four months through April as the coronavirus outbreak dents demand, according to an executive at Kasikornbank (KBank).
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TBA has bank apps warn each other of system crashes
Business, Somruedi Banchongduang, Published on 17/07/2019
» The Thai Bankers' Association (TBA) has instructed commercial banks to set up an alert system to notify other banks' customers in the event of a digital banking system crash.
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KBank targets middle-income clients
Business, Somruedi Banchongduang, Published on 18/02/2019
» Kasikornbank (KBank), the country's second-largest bank by assets, plans to shift its focus in bancassurance business to the middle-income segment as it looks to diversify income sources and boost revenue.
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Central bank recommends SMEs upgrade
Business, Somruedi Banchongduang, Published on 18/12/2018
» Nearly one-third of small and medium-sized enterprises (SMEs) in the manufacturing sector are at risk of failure if they fail to adapt to a changing business landscape, says an economist at the Bank of Thailand.
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Beating back debt beasties
Business, Somruedi Banchongduang, Published on 12/11/2018
» A recent news item captured public attention about a female school director in Kamphaeng Phet province who guaranteed student loan fund (SLF) debt for her 60 students, 21 of whom defaulted. After her finances ran dry, the court ordered seizure of her assets, a stark reminder that debt can ruin even a guarantor's life.
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BoT, TBA up transfer cap
Business, Somruedi Banchongduang, Published on 27/09/2018
» The Bank of Thailand and the Thai Bankers' Association (TBA) have agreed to raise the ceiling on fund transfer amounts to 700,000 baht per transaction via the online channel from the current 50,000 baht, starting Monday, in the latest attempt to prevent a repeat of a recent system outage.
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Bank system crash blamed on glitch
Business, Somruedi Banchongduang, Published on 01/09/2018
» Banks' electronic money transfers, withdrawals and payment services crashed for several hours on Friday, with the blame laid on heavy interbank money transfers typically made at the end of the month at large banks.
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Banks attempt to fix mobile system 'glitches'
Business, Somruedi Banchongduang, Published on 06/09/2018
» Banks have agreed to double the mobile banking transaction capacity during peak periods by year-end to prevent a future system crash after last week's so-called "technological glitch" that delayed millions of transactions.
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BBL to boost mobile capacity
Business, Somruedi Banchongduang, Published on 07/09/2018
» Bangkok Bank (BBL), the country's largest commercial bank by assets, plans to more than double transaction capacity on mobile phones during peak periods by year-end to keep pace with the digital uptick and comply with the Thai Bankers' Association (TBA) agreement.
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