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Search Result for “$3 million”

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GENERAL

Bank of Thailand mulls new credit model for SMEs

Business, Somruedi Banchongduang, Published on 05/06/2024

» The Bank of Thailand is exploring a tripartite credit guarantee model used by other countries to improve funding access for Thai small and medium-sized enterprises (SMEs).

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INVESTMENT

Private investment advanced in April thanks to new cars

Business, Somruedi Banchongduang, Published on 01/06/2024

» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.

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GENERAL

KBank stays bullish on corporate loans

Business, Somruedi Banchongduang, Published on 28/05/2024

» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.

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GENERAL

Weak response to central bank's debt scheme

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.

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GENERAL

Asset managers post mixed results

Business, Somruedi Banchongduang, Published on 23/05/2024

» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.

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GENERAL

Banking sector NPLs edge up in Q1

Business, Somruedi Banchongduang, Published on 22/05/2024

» The Bank of Thailand reported higher non-performing loans (NPLs) for the banking industry in the first quarter this year, attributed to all types of loan products amid an uneven economic recovery.

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GENERAL

BAM eager to keep lead in distressed assets sector

Business, Somruedi Banchongduang, Published on 18/05/2024

» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.