Showing 1,621-1,630 of 2,668 results
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Fairfax Financial keyed up by shareholder rule change
Business, Somruedi Banchongduang, Published on 23/02/2017
» Canada-based Fairfax Financial Holdings Ltd, a major shareholder of Falcon Insurance Plc, is exploring additional investment opportunities in Thailand after the government removed a 50% foreign shareholding restriction for local insurance companies.
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SCB partnership unit aims to support digital demand
Business, Somruedi Banchongduang, Published on 28/02/2017
» Siam Commercial Bank (SCB) has set up a business partnership unit to build a network that will enable it to meet customer demand for digital banking.
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Lending rebound for pickups forecast
Business, Somruedi Banchongduang, Published on 01/03/2017
» New loans for pickup trucks are expected to rebound to 4-5% growth this year in light of the broader economic recovery and improving farm prices after shrinking over the past several years.
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KBank eyes real estate advisory
Business, Somruedi Banchongduang, Published on 25/02/2017
» Kasikornbank (KBank) is seeking the Bank of Thailand's approval for a series of services involving real estate advisory for high net worth customers.
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Superrich digitising with fintech company
Business, Somruedi Banchongduang, Published on 27/02/2017
» Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.
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Ngern Tid Lor cools nanofinance loans
Business, Somruedi Banchongduang, Published on 30/01/2017
» Ngern Tid Lor Co, a vehicle refinancing arm under Bank of Ayudhya (BAY), has slowed down microfinance and nanofinance services as it is seeking solutions that can balance cost control and asset quality.
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KBank seeks to keep a lid on bad loans
Business, Somruedi Banchongduang, Published on 31/01/2017
» Kasikornbank (KBank), the country's largest commercial lender for small and medium-sized enterprises (SMEs), aims to keep its bad-loan ratio for SME loans at a maximum of 5.1%, which it recorded at the end of last year. It further aims for 4-6% loan growth in 2017.
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BAY sets out to reach top banking tier
Business, Somruedi Banchongduang, Published on 01/02/2017
» Bank of Ayudhya (BAY), the country's fifth-largest lender by assets, aims for 5% growth in non-interest income this year as part of an ambitious effort to keep pace with its larger peers.
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CIMBT wary of mortgage NPLs
Business, Somruedi Banchongduang, Published on 02/02/2017
» CIMB Thai Bank (CIMBT) has voiced concerns that its mortgage non-performing loans (NPLs) will continue to grow this year as the debt-servicing capability of the mass-market segment deteriorates amid the uneven economic recovery.
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UOBT issues new YoLo credit card
Business, Somruedi Banchongduang, Published on 03/02/2017
» UOB Thai (UOBT) has set an ambitious goal for credit card business this year, aiming for card spending to outpace the industry's growth by three times.
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