Showing 1 - 10 of 47
BAM eager to keep lead in distressed assets sector
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
BoT aims for lower virtual bank rates, fees
Business, Somruedi Banchongduang, Published on 08/03/2024
» The Bank of Thailand expects the formation of virtual banks to provide reduced interest rates and fees as the operating costs for purely digital banking services are lower without physical branches and fewer staff.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
TCRB sees commercial upgrade taking one year
Business, Somruedi Banchongduang, Published on 03/05/2023
» Thai Credit Retail Bank (TCRB) expects to take about one year to upgrade to become a commercial bank and plans to launch an initial public offering (IPO) by the end of this year.
Line BK maintains data development goal
Business, Somruedi Banchongduang, Published on 25/02/2023
» After operating for more than two years, Line BK, a social banking collaboration between Kasikornbank (KBank) and Line Corporation, aims to book a net profit in 2024.
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.
Robinhood shifts emphasis to financial services arena
Business, Somruedi Banchongduang, Published on 17/10/2022
» Robinhood, an application for an on-demand delivery service platform under SCB X, plans to apply for two financial business licences that are expected to generate core income over the long term.
BoT prepares new debt mediation event
Business, Somruedi Banchongduang, Published on 02/09/2022
» The Bank of Thailand plans to hold a new debt mediation event in an effort to ease the country's swelling household debt and help vulnerable borrowers restructure debt amid the uneven economic recovery.