Showing 1 - 10 of 17
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
SCB X allocates $50m for Indonesia's BJJ
Business, Somruedi Banchongduang, Published on 21/09/2022
» SCB X, a holding company of Siam Commercial Bank and SCB X Group, has invested US$50 million via an indirect investment in Indonesia-based Bank Jasa Jakarta (BJJ) through WeLab Sky as part of SCB X's strategy to become a regional financial technology group.
BoT licenses joint ventures to handle banks' bad debts
Business, Somruedi Banchongduang, Published on 28/01/2022
» The Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for the long term as the pandemic persists.
BBL to apply Bank Permata model globally
Business, Somruedi Banchongduang, Published on 14/07/2020
» Bangkok Bank (BBL) is conducting a feasibility study on applying the retail business model of its Indonesian subsidiary PT Bank Permata to the bank's international network.
BAY cuts a deal to gain access to Grab clients
Business, Somruedi Banchongduang, Published on 24/02/2020
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, will take part in parent Mitsubishi UFJ Financial Group's (MUFG's) massive investment deal in Grab, in a move to gain greater access to customers through the Southeast Asian ride-hailing giant's platform.
KBank invests in digital core
Business, Somruedi Banchongduang, Published on 30/01/2020
» Kasikornbank (KBank) has allocated 17 billion baht worth of its investment budget until 2022 on core banking systems and digital infrastructure development to enable exploration of new growth areas.
BBL propels QR service regionally
Business, Somruedi Banchongduang, Published on 24/07/2019
» Bangkok Bank (BBL), Thailand's largest international banking network provider, has expanded its digital footprint in Asia by rolling out cardless QR codes in several countries.
BoT ready to curb baht if needed
Business, Somruedi Banchongduang, Published on 06/01/2018
» The Bank of Thailand on Friday issued a verbal intervention, saying it is ready to rein in the baht if the currency strengthens so rapidly that the private sector is damaged.
LH to develop Terminal 21 malls in Pattaya, Phuket
Business, Somruedi Banchongduang, Published on 02/10/2015
» SET-listed property developer Land and Houses Plc (LH) plans to spend 14 billion baht to build Terminal 21 shopping centres in Pattaya and Phuket.
AIA Thailand optimistic about equities
Business, Somruedi Banchongduang, Published on 13/04/2015
» Despite wild swings in the stock markets, AIA Thailand expects to generate positive returns from both local and global equities amid a downward trend in domestic interest rates.