Showing 51 - 60 of 398
Bank of Thailand gauges effect of handout
Business, Somruedi Banchongduang, Published on 01/09/2023
» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.
LH Bank unveils digital personal loans
Business, Somruedi Banchongduang, Published on 25/08/2023
» LH Bank is introducing digital personal loans targeting younger customers, aiming for growth to 35% of the personal loan portfolio in five years.
Politics plays a role in baht drift
Business, Somruedi Banchongduang, Published on 17/08/2023
» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.
Market forecasts rate hike cycle nears end
Business, Somruedi Banchongduang, Published on 16/08/2023
» With the Bank of Thailand gradually raising its policy benchmark rate for a year as part of its monetary policy normalisation to tame inflation, the market now expects the rate hike cycle to end.
Bridge Capital taps SME loans as banks waver
Business, Somruedi Banchongduang, Published on 11/08/2023
» Bridge Capital Management Co Ltd aims to be a new funding source for small and medium-sized enterprises (SMEs) in the Thai market as it foresees greater opportunities amid sluggish SME loan growth in the banking sector.
Credit bureau: Bad loans exceeded B1tn in Q2
Business, Somruedi Banchongduang, Published on 10/08/2023
» Non-performing loans (NPLs) measured by the National Credit Bureau reached 1 trillion baht in the second quarter this year, the highest in 12 months, says a bureau executive.
KBank spins off investment business
Somruedi Banchongduang, Published on 03/08/2023
» Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the next three years, paving the way for new S-curve business in the long run.
Growth in mortgages slim in H1
Business, Somruedi Banchongduang, Published on 29/07/2023
» Banks booked marginal growth in mortgage loans for the first half of this year as rising interest rates weakened the purchasing power of homebuyers.
Banks respond to household debt plan
Business, Somruedi Banchongduang, Published on 28/07/2023
» Financial institutions are ready to comply with the Bank of Thailand's household debt resolution, starting with measures to help reduce persistent debt (PD) from April next year.
BoT calls for stable policies
Business, Somruedi Banchongduang, Published on 20/07/2023
» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.