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BUSINESS

TTB Consumer targets top four ranking by 2025

Business, Somruedi Banchongduang, Published on 26/08/2022

» TTB Consumer, an unsecured loan business under TMBThanachart Bank (ttb), has set an ambitious goal to reach the top four in Thailand in three years.

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BUSINESS

BoT keeps measured approach on monetary policy tactics

Business, Somruedi Banchongduang, Published on 25/08/2022

» The Bank of Thailand plans to maintain a gradual approach to normalising monetary policy throughout this year, according to its chief.

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BUSINESS

Lenders queue up for chance to offer digital loan service

Business, Somruedi Banchongduang, Published on 22/08/2022

» The provision of digital personal loans has been expanding in response to the financial behaviours of consumers in the digital era, creating opportunities for low-income earners to access financial sources.

BUSINESS

Banks pledge to maintain prime lending interest rate

Business, Somruedi Banchongduang, Published on 16/08/2022

» Local banks have announced they are maintaining the prime lending interest rate to support fragile customers amid a rising interest rate trend.

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BUSINESS

The power of joining forces

Business, Somruedi Banchongduang, Published on 13/08/2022

» A joint venture asset management company (JV AMC) business model is the country's innovative solution for handling non-performing loans (NPLs) in the banking sector, said Suthirak Traichira-Aporn, chief executive of JK Asset Management (JK AMC), in an exclusive interview with the Bangkok Post.

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BUSINESS

Central bank raises interest rate

Business, Somruedi Banchongduang, Published on 11/08/2022

» The Bank of Thailand raised its key interest rate for the first time in nearly four years yesterday in an effort to wrestle control over surging inflation as the economic recovery gains momentum.

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BUSINESS

Banks vow to keep rates steady for the time being

Business, Somruedi Banchongduang, Published on 10/08/2022

» Local major banks plan to hold their interest rates steady if the Bank of Thailand raises the policy rate on Wednesday, as they want to mitigate its impact on borrowers amid a gradual economic recovery.

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BUSINESS

LH Bank zeroes in on Taiwanese prospects

Business, Somruedi Banchongduang, Published on 09/08/2022

» Land and Houses Bank (LH Bank) is putting more focus on Taiwanese businesses in Thailand, aiming for 70% loan growth in this corporate customer segment in 2022.

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BUSINESS

Easy loans for all

Business, Somruedi Banchongduang, Published on 08/08/2022

» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.

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BUSINESS

Banks expected to delay rate hike

Business, Somruedi Banchongduang, Published on 04/08/2022

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand's anticipated gradual policy rate hike.