Showing 1 - 10 of 17
Two-year path to prior growth seen
Business, Somruedi Banchongduang, Published on 29/05/2020
» The economy could take at least two years to return to pre-coronavirus growth levels and this year's nadir could be delayed in the event that a second-wave outbreak occurs, says Standard Chartered Bank Thai.
CIMBT: Monetary policy takes lead while cabinet unformed
Business, Somruedi Banchongduang, Published on 03/07/2019
» With the cabinet line-up unsettled and fiscal policy handcuffed, CIMB Thai Bank (CIMBT) expects the Bank of Thailand to loosen monetary policy by cutting the benchmark rate twice by the first half of next year in a bid to boost economic growth and curb hot-money inflows.
KBank predicts weaker baht
Business, Somruedi Banchongduang, Published on 15/06/2016
» Kasikornbank forecasts the baht will weaken to 37 to the US dollar by year-end on the back of the looming Federal Reserve interest rate increase and concerns that Britain will leave the EU.
SCB eyeing CLMV economies
Business, Somruedi Banchongduang, Published on 28/04/2014
» Siam Commercial Bank (SCB), the country's third-largest bank by assets, is planning an aggressive expansion of its international banking business in the coming years, with a focus on Cambodia, Laos, Myanmar and Vietnam (CLMV) to capitalise on higher opportunities following the formation of the Asean Economic Community (AEC).
Non-bank loan providers look afar
Business, Somruedi Banchongduang, Published on 03/02/2014
» Non-bank personal loan providers are keen on business expansion in neighbouring countries, where there is growth potential away from Thailand's faltering economy and political upheaval.
Lure of Easy Money nets pawn patrons
Business, Somruedi Banchongduang, Published on 24/10/2013
» As household debt balloons and living costs rise, pawn shops continue to act as a last resort for cash. Easy Money, Thailand's largest private pawn shop operator, has booked a 20% increase in customers in recent months.
SME customers still afloat
Business, Somruedi Banchongduang, Published on 18/09/2012
» The current flooding in the North has not yet hurt small and medium-sized enterprises (SMEs), while individual customers have also escaped any serious effects, say local banks.
Auto loan growth exceeds expectations
Business, Somruedi Banchongduang, Published on 31/07/2012
» Ayudhya Capital Auto Lease Plc (Krungsri Auto), a subsidiary of Bank of Ayudhya, exceeded its loan growth target for the first half of this year, due partly to a booming eco-car market and the government's first-car loan scheme.
IFC teams up with TMB to offer dollar-based loans
Business, Somruedi Banchongduang, Published on 30/05/2012
» The International Finance Corporation (IFC) and TMB Bank are cooperating to support flood-hit Thai small and medium-sized enterprises (SMEs).
30-year SME loans offered by TMB
Business, Somruedi Banchongduang, Published on 09/03/2012
» TMB Bank is now offering the country's longest loan period of 30 years for small and medium-sized enterprises (SMEs) in a bid to meet stronger demand for term loans.