Showing 91 - 100 of 129
BAY targets corporate sector for loan growth
Business, Pathom Sangwongwanich, Published on 29/04/2015
» Bank of Ayudhya (BAY), Thailand's fifth-largest bank by assets, expects loan growth of 7-9% this year, primarily from corporate lending, while intending to cap its non-performing loans (NPLs) at less than 2.5%.
Nod for nanofinance imminent
Business, Pathom Sangwongwanich, Published on 16/04/2015
» The first three applicants for nanofinance's operating licences are expected to win the Finance Ministry's approval after the Songkran holidays, says a senior Bank of Thailand official.
Cooperatives to get oversight
Business, Pathom Sangwongwanich, Published on 20/03/2015
» An independent organisation should be established to supervise financial operations of savings cooperatives, as the Bank of Thailand is already tasked with several management duties, says the central bank governor.
Seven non-bank institutions seek nanofinance licences
Business, Pathom Sangwongwanich, Published on 26/02/2015
» The first seven non-bank financial institutions have submitted their applications to the Bank of Thailand for a nanofinance operator's licence.
BoT unlikely to cut rate
Business, Pathom Sangwongwanich, Published on 18/02/2015
» Despite mounting pressure to lower its policy interest rate after last year's dismal economic growth, the Bank of Thailand yesterday hinted it would stand pat on monetary policy at its March meeting.
Non-banks keen to lend
Business, Pathom Sangwongwanich, Published on 28/01/2015
» Fourteen non-bank financial institutions have expressed interest in being lenders for the nanofinance scheme, says a senior Bank of Thailand official.
Kasikornbank tips investments to reach B1.27tn
Business, Pathom Sangwongwanich, Published on 13/01/2015
» Thailand's private and public investments are likely to total 1.27 trillion baht this year thanks to government megaprojects and a recovery of confidence by the private sector, says Kasikornbank (KBank).
VAT set to be increased
Business, Pathom Sangwongwanich, Published on 02/12/2014
» Value-added tax (VAT) may be raised by at least one percentage point next year to finance the government's planned loosening of fiscal policy by increasing the fiscal-2015 budget by 12-13% from this year's.
BoT looks favourably upon Q4 growth recovery
Business, Pathom Sangwongwanich, Published on 29/11/2014
» The economy is expected to continue its recovery momentum in the fourth quarter, given the government's fiscal budget disbursement and a rebound in export growth, says a senior Bank of Thailand official.
Legacies and liabilities
Business, Pathom Sangwongwanich, Published on 17/11/2014
» There are mixed feelings about the government's latest efforts in pushing forward inheritance and gift taxes aimed at narrowing income disparity in the country.