Showing 1 - 10 of 1,356
Banks projected to beat sustainable loan growth targets
Business, Somruedi Banchongduang, Published on 04/06/2024
» Large banks anticipate achieving sustainable loan growth targets ahead of their timelines over the next few years, aligning with Thailand's net-zero transition goals.
Krungsri poised to focus on transition finance for SMEs
Business, Somruedi Banchongduang, Published on 30/05/2024
» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.
KKP transitions to sustainable finance
Business, Somruedi Banchongduang, Published on 25/05/2024
» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, is offering sustainable financial services with a focus on the real estate sector, providing green loans to both commercial and individual customers.
PM encouraged by Japanese business interest
Published on 23/05/2024
» Several Japanese companies are interested in investing more and expanding their production bases in Thailand, in areas including biofuel production, green packaging, artificial intelligence (AI) and electric vehicles, Prime Minister Srettha Thavisin said on Thursday.
‘Buy now, pay later’ abuse under scrutiny
Somruedi Banchongduang, Published on 07/05/2024
» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.
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.
Bank profits underwhelm in Q1
Business, Somruedi Banchongduang, Published on 23/04/2024
» Commercial banks booked marginal profit growth in the first quarter of this year, largely influenced by the decreased profitability of small to mid-sized banks thanks to higher provision for loan loss reserves.
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Thai banks eye regional expansion
Business, Somruedi Banchongduang, Published on 16/04/2024
» Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.
Baht tipped to slide as US Fed delays rate cuts
News, Somruedi Banchongduang, Published on 12/04/2024
» The baht is poised to experience significant pressure, potentially reaching 37 baht per United States dollar next week, as a result of better-than-expected economic data from the US coupled with the US Federal Reserve's decision to hold off on interest rate cuts.