Showing 1 - 8 of 8
Virtual bank competition heats up
Business, Somruedi Banchongduang, Published on 18/09/2024
» Competition for the new virtual bank licences has intensified, with five business groups expressing interest in applying.
Five groups seek to establish virtual banks
Business, Somruedi Banchongduang, Published on 21/08/2024
» Five business groups are expected to apply for the Bank of Thailand's virtual bank licences, including both Thai and regional operators.
Bangkok Bank contemplates virtual banking opportunities
Business, Somruedi Banchongduang, Published on 08/08/2024
» Bangkok Bank (BBL) is exploring virtual banking opportunities as it transitions to digital banking services in response to changing customer behaviour.
Fitch downgrades based on financial leverage
Business, Somruedi Banchongduang, Published on 11/07/2024
» Fitch Ratings Thailand downgraded three large local companies in the first half of this year based on their weakened ability to repay debt, attributed to increased financial leverage.
SCB X preps for virtual bank licence
Business, Somruedi Banchongduang, Published on 09/07/2024
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank, is gearing up to apply for a virtual banking licence from the Bank of Thailand in September.
Gulf quashes KBank takeover rumour as stake increases
Business, Somruedi Banchongduang, Published on 26/04/2024
» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.
Apec summit expected to generate B600bn
Business, Somruedi Banchongduang, Published on 22/12/2022
» An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.
Local banks forecast to move this week
Business, Somruedi Banchongduang, Published on 08/12/2022
» Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.