Showing 1 - 10 of 32
Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
Krungsri keen for retail regional push
Business, Somruedi Banchongduang, Published on 02/02/2024
» Krungsri (Bank of Ayudhya) plans to expand its retail banking business in regional markets because of the high growth potential of Southeast Asian economies.
Pundits predict BoT rate cut in H2
Business, Somruedi Banchongduang, Published on 09/01/2024
» Economists predict the Bank of Thailand (BoT) will start to cut its policy rate in the second half to 2% in line with the country's economic situation and based on the assumption of a United States Federal Reserve (Fed) policy rate cut in the second quarter.
Local banks consider regional expansion
Business, Somruedi Banchongduang, Published on 14/11/2023
» Large local banks are mulling regional expansion next year because of high growth potential.
BBL signals support for expanding Asean investment
Business, Somruedi Banchongduang, Published on 03/11/2023
» Bangkok Bank (BBL) is ready to support its customers in expanding their business and investments in Asean, which has high growth potential amid global economic uncertainties.
HSBC Thailand taps global connectivity
News, Somruedi Banchongduang, Published on 25/10/2023
» HSBC Thailand is leveraging its global connectivity and investment expertise to help both Thai and international clients grow their businesses worldwide, while maintaining a long-term commitment to expanding the bank's business in the Thai market.
LHFG to expand Taiwan loan portfolio
Business, Somruedi Banchongduang, Published on 03/03/2023
» Land and Houses Financial Business Group (LHFG), a holding company of LH Bank, aims to grow its Taiwanese banking business more aggressively this year, boosted by manufacturing relocation by multinational and Taiwanese firms to Asean amid deglobalisation.
CIMBT eyes 20% gain for digital
Business, Somruedi Banchongduang, Published on 02/03/2023
» CIMB Thai Bank (CIMBT) targets growing its digital banking business by 20% this year in terms of users and transactions, driven by increasing digital adoption in Thailand.
Krungsri aims to grow regional base
Business, Somruedi Banchongduang, Published on 03/02/2023
» Bank of Ayudhya (Krungsri) continues to expand its financial business in Asean and targets its regional customer base exceeding 500,000 this year.