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BUSINESS

UOBT prepares car title loan service for next year

Business, Somruedi Banchongduang, Published on 20/12/2022

» United Overseas Bank (Thai) or UOBT plans to formally offer a car title loan service next year as part of its business expansion.

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BUSINESS

Treading a familiar path to super-app status

Business, Somruedi Banchongduang, Published on 12/11/2022

» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.

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BUSINESS

Silver lining in the debt deluge

Business, Somruedi Banchongduang, Published on 19/02/2022

» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.

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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

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BUSINESS

TGH's chief takes firm to new terrain

Business, Somruedi Banchongduang, Published on 06/03/2021

» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.

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BUSINESS

KBank's digital push focuses on startups

Business, Somruedi Banchongduang, Published on 31/07/2019

» Kasikornbank (KBank) plans to turn its focus to adding more startups to its digital banking roster to increase user activities and income, while searching for new business opportunities after teaming up with three online platform giants: Grab, Line and Facebook.

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BUSINESS

TCRB sees drop in bad loans

Business, Somruedi Banchongduang, Published on 29/07/2019

» Even though low-income earners are considered higher risk and they are reeling from the country's weaker economy, Thai Credit Retail Bank (TCRB), whose main customers are low-income earners, saw a dip in its bad loan ratio thanks to better financial discipline.

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BUSINESS

With China, possibilities abound for SCB

Business, Somruedi Banchongduang, Published on 17/07/2019

» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.

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BUSINESS

BoT yet to take action in KTB case

Business, Somruedi Banchongduang, Published on 11/01/2019

» The Bank of Thailand has yet to take action against Kittiphun Anutarasoti, chief executive of CIMB Thai Bank (CIMBT), after Krungthai Bank (KTB) made public the findings of its investigation into loans extended to Energy Earth, which included serious allegations against him.

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BUSINESS

Thai Credit Retail Bank sticks with organic growth to double

Business, Somruedi Banchongduang, Published on 16/10/2018

» Thai Credit Retail Bank (TCRB) wants to continue growing organically, aiming to almost double net profit in the next few years and more than double its asset size.