Showing 11-20 of 2,649 results
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Banks record healthy 21% net profit
Business, Somruedi Banchongduang, Published on 21/01/2012
» The banking sector recorded net profit of 106.83 billion baht last year, up 21% year-on-year from 88.31 billion. Siam Commercial Bank posted the industry's largest net profit of 36.27 billion baht, a high for that institution.
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Lunar line-up
Business, Somruedi Banchongduang, Published on 23/01/2012
» Consumers, already in a cheerful mood for the Chinese New Year celebrations, will receive a further lift this year with special financial products and services being offered by local banks.
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Bond issuances to skyrocket
Business, Somruedi Banchongduang, Published on 25/01/2012
» As interest rates fall to support economic expansion and banks pay a higher deposit-protection fee, corporate bond issuances are expected to increase this year as a cheaper source of funds, say banking executives.
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Higher fee, costs alter banks' approach
Business, Somruedi Banchongduang, Published on 30/01/2012
» Three local banks _ Thanachart (TBank), Tisco and Kiatnakin _ plan to diversify risk with other loan products after handling mostly auto finance business up to now.
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Flood coverage demand soars despite steep premiums
Business, Somruedi Banchongduang, Published on 31/01/2012
» Demand for flood insurance for mortgages has been rising rapidly despite a 500% increase in premiums in areas that were inundated late last year.
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Banks hold rates steady as rivalry tightens
Business, Somruedi Banchongduang, Published on 01/02/2012
» Strong competition will see commercial banks maintain auto-loan rates despite the central bank's recent rate cut.
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Bangkok Bank predicts the Asean decade
Business, Somruedi Banchongduang, Published on 01/02/2012
» As Southeast Asia enters a new economic and investment cycle supported by the high growth potential of the region, local business operators should prepare for greater opportunities over the next decade, says Kobsak Pootrakool, Bangkok Bank's executive vice-president.
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KBank takes proactive stance on foreign sector due to AEC
Business, Somruedi Banchongduang, Published on 02/02/2012
» Businesses have begun preparing themselves three years ahead of time to meet the challenges of the Asean Economic Community (AEC), but the banking sector will particularly need to stay ahead of the game to facilitate investors.
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Funding costs seen as priority for banks
Business, Somruedi Banchongduang, Published on 03/02/2012
» Banks will need to do a better job managing their funding costs at a time of plentiful liquidity and rising expenses stemming from expected higher levies to the Financial Institutions Development Fund (FIDF), says Tak Bunnag, executive vice-president of Bank of Ayudhya.
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Visa promotes greater use of debit cards
Business, Somruedi Banchongduang, Published on 07/02/2012
» The future is bright for debit cards as users shift from cash-based to electronic-based payments in line with the central bank's aim to cut operating costs, says Somboon Krobteeranon, the country manager for Visa International Thailand.
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