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Search Result for “SCB”

Showing 1 - 10 of 3,047

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GENERAL

Exports being held back by declining competitiveness

Business, Nareerat Wiriyapong, Published on 24/05/2024

» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.

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GENERAL

Analysts expecting rate cuts to be delayed

Business, Somruedi Banchongduang, Published on 21/05/2024

» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.

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GENERAL

SCB launches AI banking service

Business, Somruedi Banchongduang, Published on 18/05/2024

» Siam Commercial Bank (SCB) has introduced banking services equipped with artificial intelligence (AI), aimed at expanding digital loans while improving control over non-performing loans.

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INVESTMENT

1,370 seen as a critical point for the SET

Published on 04/05/2024

» The Stock Exchange of Thailand experienced significant volatility in April. In the second week, the SET index broke above the key resistance zone between 1,400 and 1,405 after testing it for three months, reaching a monthly high of 1,411.

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GENERAL

Impact of loan rate cuts on key players deemed as limited

Business, Somruedi Banchongduang, Published on 02/05/2024

» The country's four largest banks expect a limited impact from the reduction in their loan interest rates based on the specific customer demographics and the limited time frame of the debt relief measures.

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GENERAL

Asian shares get lift from US tech results

Business, Published on 27/04/2024

» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.

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GENERAL

BBL reduces lending rate

Business, Somruedi Banchongduang, Published on 27/04/2024

» Bangkok Bank (BBL), the country's largest lender by total assets, is cutting its minimum retail rate (MRR) by 25 basis points for six months, starting on April 29.

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GENERAL

Banks agree to reduce loan rates

Business, Somruedi Banchongduang, Published on 26/04/2024

» Thai banks are set to cut the minimum retail rate (MRR) by 25 basis points for a period of six months, aiming to alleviate the debt burden for vulnerable customers in response to the prime minister asking lenders to lower interest rates for vulnerable groups and small businesses.

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THAILAND

Siam Commercial Bank Names Pro Jeen Brand Ambassador

Published on 25/04/2024

» Siam Commercial Bank recognises the exceptional potential and determination of Ms. Atthaya Thitikul, also known as Pro Jeen. As a prominent female golfer, she has achieved global success at a remarkably young age, establishing a strong reputation for Thailand through her resilience and refusal to succumb to challenges. This embodies Siam Commercial Bank's commitment to enhancing customer experience through heartfelt service, ensuring customer satisfaction, and delivering services tailored to their needs.

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INVESTMENT

A tale of two havens

Business, Published on 24/04/2024

» The substantial outperformance of US equities versus US Treasuries over the first quarter of 2024 has left many multi-asset managers and investors asking: what’s next?