Showing 1-10 of 23 results
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KTB denies seeking pardons for execs
News, Somruedi Banchongduang, Published on 28/08/2015
» Krungthai Bank (KTB) has denied reports it is preparing to seek royal pardons for 10 of its former executives and two current employees convicted of being involved in approving more than 9.9 billion baht of unsecured loans.
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Chip bank cards the rule in 2019
Business, Somruedi Banchongduang, Published on 05/05/2016
» Some 60 million magnetic-stripe ATM and debit cards issued by local commercial banks and circulating in the market will be upgraded to chip-embedded cards by the end of 2019, says a senior central bank official.
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PromptPay for consumers likely to be delayed
Somruedi Banchongduang, Published on 06/10/2016
» Consumers are unlikely to be able to transfer money among themselves using the government's PromptPay service by the Oct 31 deadline due to "technical problems", according to bankers.
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All set for PromptPay
Business, Somruedi Banchongduang, Published on 28/12/2016
» After the lengthy testing process of PromptPay's consumer-to-consumer (C2C) service, a major bid to turn Thailand into digital payment mode, the money transfer service has been pushed back to further ensure its accuracy, stability and security. Originally slated for roll-out at the end of October, Predee Daochai, chairman of the Thai Bankers' Association (TBA), has confirmed that it is now scheduled for the first quarter of 2017.
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PromptPay C2C transfer imminent
Business, Somruedi Banchongduang, Published on 23/01/2017
» PromptPay's consumer-to-consumer (C2C) electronic fund transfer service under the national e-payment scheme will kick off on Friday, after being pushed back days before its first big scheduled launch in October of last year.
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SAM arranging debt collection unit
Business, Somruedi Banchongduang, Published on 19/04/2017
» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.
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KBank: Inheritance tax advisory demand growing
Business, Somruedi Banchongduang, Published on 03/07/2017
» The government's implementation of the inheritance tax and its plan to impose new asset-based taxes have boosted demand for tax advisory services from the well-off, says a Kasikornbank (KBank) executive.
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SCB will repay fraud victims
News, Somruedi Banchongduang, Published on 08/07/2017
» Siam Commercial Bank (SCB) will pay compensation to victims of the recent spate of skimming fraud at the bank's automatic teller machines (ATMs) while continuing to investigate the circumstances of the crime.
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Half of Thais can't carry on financially after retirement
Business, Somruedi Banchongduang, Published on 18/07/2017
» Half of the Thai population does not have enough savings for a comfortable post-retirement life as they are mired in high debt -- an alarming sign as the country moves towards an ageing society.
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PromptPay 'Y2 18' glitch delays cash transfers
News, Somruedi Banchongduang, Published on 01/01/2018
» Users of the national e-payments system, PromptPay, were left frustrated Sunday when computer glitches related to the formatting of the calendar changing to 2018 held their cash hostage for about eight hours.
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