Showing 1 - 10 of 152
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.
Business, Somruedi Banchongduang, Published on 20/04/2024
» Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
Post Reporters, Published on 12/04/2024
» SCB 10X, the disruptive technology investment arm of SCB X Group, has announced its participation in the US$7.5 million seed funding round for Guardrails AI, a San Francisco-based artificial intelligence (AI) assurance company.
Business, Somruedi Banchongduang, Published on 10/04/2024
» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.
Nuntawun Polkuamdee, Published on 28/03/2024
» InnovestX Securities expects the Thai stock market to recover in the second quarter, helped by the US cutting interest rates and a rebound in Thailand's public and private investments, with the SET index finishing at 1,550 points by year-end.
Business, Published on 21/03/2024
» Corporations are urged to embrace a sustainable intelligence paradigm empowered by artificial intelligence (AI) to deal with the changing industry landscape.
Business, Published on 21/03/2024
» Three consortiums are expected to apply for virtual bank licences, as the application period for submissions to the Bank of Thailand (BoT) started on Wednesday, running to Sept 19.
Business, Published on 18/03/2024
» Virtual banks are on the horizon after the Royal Gazette published on March 4 the criteria for companies applying for a licence.
Business, Somruedi Banchongduang, Published on 07/03/2024
» Siam Commercial Bank (SCB), the banking business unit under SCB X Plc, expects no growth in small and medium-sized enterprise (SME) and retail loans this year, citing the fragile financial conditions of these two customer segments.