Showing 1 - 10 of 10
KBank targets revenue through management of bad loans
Business, Somruedi Banchongduang, Published on 15/10/2024
» Kasikornbank (KBank) is seeking new revenue streams through the management of bad assets via its joint venture asset management companies (JV-AMCs), in response to the rising trend of non-performing loans (NPLs).
KBank keeps vow to customers
Business, Somruedi Banchongduang, Published on 28/09/2024
» Despite abundant challenges, Kasikornbank (KBank), Thailand's third-largest lender by total assets, remains committed to supporting vulnerable clients in managing their debt throughout the lifetime of their loans.
Banks announce increases in loan, deposit rates
Business, Somruedi Banchongduang, Published on 03/10/2023
» Banks have announced they will increase both loan and deposit rates in response to the Bank of Thailand's (BoT) monetary policy direction, following the decision by the central bank last week to raise its policy rate by a quarter of a percentage point.
KBank appoints new president, restructures business operations
Business, Somruedi Banchongduang, Published on 29/08/2023
» Kasikornbank (KBank) has announced the appointment of a new president and co-president, along with a restructuring of its business operations under a spin-off strategy.
Central, China's JD.com launch financial services app Dolfin
Published on 09/09/2019
» Thailand's largest retailer, Central Group, and China's JD.com on Monday launched a financial services app to expand services with local banks in the latest move by the mall operator to increase its digital presence.
A banker getting his sea legs in fintech
Business, Somruedi Banchongduang, Published on 29/06/2019
» With fintech companies growing rapidly and challenging established banks by harnessing new technologies, plenty of C-level bankers have left the traditional financial services industry to join fintech firms, and Rungruang Sukkirdkijpiboon is among them.
Central JD Money readies Dolfin e-wallet application
Business, Somruedi Banchongduang, Published on 30/01/2019
» A digital wallet service operated by Central JD Money, a subsidiary of e-finance and fintech service developer Central JD Fintech Holding, is expected to dethrone cash as the main payment channel of Central Group in the years to come.
Frontier finance
Asia focus, Tanyatorn Tongwaranan, Published on 01/06/2015
» Opportunities in frontier markets are always seen as enormous, but doing business in emerging economies is certainly not for the faint-hearted. Aside from the greater risks they have to bear, navigating a financial system that has yet to mature is often a major challenge.
SCB's Cambodian unit eyes loan rise
Business, Somruedi Banchongduang, Published on 28/04/2015
» Cambodia's economic growth and rising number of middle-income earners is encouraging Siam Commercial Bank (SCB) to push wholly owned subsidiary Cambodian Commercial Bank (CCB) to lend more aggressively.
Covering the future
Business, Somruedi Banchongduang, Published on 22/10/2012
» The deposit season has returned with competitive offerings by banks. It is a good time to save in preparation for an upward trend of inflation amid global economic uncertainties.