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Search Result for “Siam”

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THAILAND

SCB will repay fraud victims

News, Somruedi Banchongduang, Published on 08/07/2017

» Siam Commercial Bank (SCB) will pay compensation to victims of the recent spate of skimming fraud at the bank's automatic teller machines (ATMs) while continuing to investigate the circumstances of the crime.

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THAILAND

SAM arranging debt collection unit

Business, Somruedi Banchongduang, Published on 19/04/2017

» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.

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THAILAND

PromptPay C2C transfer imminent

Business, Somruedi Banchongduang, Published on 23/01/2017

» PromptPay's consumer-to-consumer (C2C) electronic fund transfer service under the national e-payment scheme will kick off on Friday, after being pushed back days before its first big scheduled launch in October of last year.

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THAILAND

Chip bank cards the rule in 2019

Business, Somruedi Banchongduang, Published on 05/05/2016

» Some 60 million magnetic-stripe ATM and debit cards issued by local commercial banks and circulating in the market will be upgraded to chip-embedded cards by the end of 2019, says a senior central bank official.