Showing 1 - 10 of 28
Banks consider new fees to reflect expenses
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Thai Bankers' Association (TBA) is mulling a new fee structure for the industry, with higher service costs for banks possibly passed on to customers.
Easy loans for all
Business, Somruedi Banchongduang, Published on 08/08/2022
» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.
Tech investors wary amid volatile market
Business, Somruedi Banchongduang, Published on 25/07/2022
» While digital assets are still on the radar of local banks seeking long-term growth opportunities, they plan to be more cautious when investing in them amid a volatile market, say banking chiefs.
Top banks set lower NPL targets for 2022
Business, Somruedi Banchongduang, Published on 21/02/2022
» Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.
Krungsri preps B7-8bn for digital, innovation strategy
Business, Somruedi Banchongduang, Published on 04/02/2022
» Bank of Ayudhya, under the marketing name Krungsri, plans to spend a budget of 7-8 billion baht this year on digital and innovations to expand digital banking services both in Thailand and regional markets.
SCB sets out ambitious growth plans
Business, Somruedi Banchongduang, Published on 24/09/2021
» Siam Commercial Bank (SCB) aims to become a major digital platform service provider under its planned new parent, SCB X, as well as a regional financial tech conglomerate by 2025, with a goal of 200 million customers.
SCB Abacus growth lures tech investors
Business, Somruedi Banchongduang, Published on 17/09/2021
» SCB Abacus, an alternative digital lending platform under Siam Commercial Bank, has raised US$12 million (396 million baht) in a Series A funding round and targets digital loan growth of 10 times this year.
BAY mulls immersion in digital platforms
Business, Somruedi Banchongduang, Published on 14/05/2021
» Bank of Ayudhya (BAY), marketed as the brand Krungsri, is exploring several types of digital banking platforms in preparation for offering new financial services in the digital era.
KBank setting up branch in Vietnam
Business, Somruedi Banchongduang, Published on 09/02/2021
» Kasikornbank (KBank) is planning to open a branch in Vietnam's Ho Chi Minh City to expand the scope of its regional banking business in a high-growth economy, covering all loan segments.
KFIN seeks $50m next year
Business, Somruedi Banchongduang, Published on 11/08/2020
» Krungsri Finnovate (KFIN), a tech startup under Bank of Ayudhya (BAY), plans to raise another US$50 million worth of funds early next year to cover business operations for three years under a post-Covid-19 business strategy.