Showing 1 - 10 of 27
Call for national asset management firm
Business, Somruedi Banchongduang, Published on 17/09/2024
» SCB EIC, the research centre under Siam Commercial Bank (SCB), says the government should establish a national asset management company (AMC) to prepare for a potential increase in non-performing loans (NPLs) within the banking industry.
Economists push authorities for looser monetary policy
Business, Somruedi Banchongduang, Published on 09/09/2024
» Economists believe the time is right for an accommodative monetary policy to ease financial tightening and improve economic activity.
SCB expects rate cut later this year
Business, Somruedi Banchongduang, Published on 04/09/2024
» Siam Commercial Bank (SCB) expects the Bank of Thailand will begin cutting its policy rate later this year, with additional reductions likely continuing into early next year.
Five groups seek to establish virtual banks
Business, Somruedi Banchongduang, Published on 21/08/2024
» Five business groups are expected to apply for the Bank of Thailand's virtual bank licences, including both Thai and regional operators.
To cope with credit risk, Thai banks focus on asset quality
Business, Somruedi Banchongduang, Published on 12/08/2024
» Large local banks anticipate their corporate clients will face heightened challenges in the second half of this year because of global uncertainties and concerns about a potential US recession.
Mortgage rejection rates likely to persist
Business, Somruedi Banchongduang, Published on 09/08/2024
» Mortgage applications for homes priced below 3 million baht will likely continue to face higher rejection rates over the next two years because of a slowdown in the residential segment.
Bangkok Bank contemplates virtual banking opportunities
Business, Somruedi Banchongduang, Published on 08/08/2024
» Bangkok Bank (BBL) is exploring virtual banking opportunities as it transitions to digital banking services in response to changing customer behaviour.
Bank of Thailand urges banks to help SMEs sustainably transition
Business, Somruedi Banchongduang, Published on 08/08/2024
» The Bank of Thailand (BoT) is encouraging financial institutions to support small and medium-sized enterprises (SMEs) in transitioning to sustainable business practices.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.
Country's leading banks post mixed results for first half
Business, Somruedi Banchongduang, Published on 20/07/2024
» The big three banks reported mixed results for the first half of this year.