Showing 71 - 80 of 158
KBank unit urges flight to risky assets
Business, Somruedi Banchongduang, Published on 28/01/2021
» Kasikorn Private Banking (KPB), Kasikornbank's private banking unit, plans to increase its asset allocation portion of global risk-weighted assets to generate better returns for high net worth customers.
Pandemic steps to steer GDP outlook
Business, Somruedi Banchongduang, Published on 16/01/2021
» Thailand's GDP growth projection of 3.2% for this year could be downgraded by as much as four percentage points, depending on the government's management of the latest outbreak, says the Bank of Thailand.
BoT decreases growth outlook to 3.2% in 2021
Business, Somruedi Banchongduang, Published on 24/12/2020
» With uncertainties and downside risks remaining, the Bank of Thailand has slashed the country's GDP growth outlook for next year by 0.4 percentage points, attributed chiefly to an anticipated delay in tourism recovery.
Lockdown worries rife
Business, Somruedi Banchongduang, Published on 22/12/2020
» Thailand's GDP could see a steep contraction similar to the second-quarter decline if nationwide lockdown measures are imposed to contain a fresh round of outbreaks, says the World Bank.
CIMBT targets 5% retail loan growth
Business, Somruedi Banchongduang, Published on 18/12/2020
» CIMB Thai Bank (CIMBT) aims to expand retail loan growth by 5% next year, with a focus on mortgage and used-car loan expansions in the second half on expectations of an economic recovery.
Recovery momentum picks up in Q3
Business, Somruedi Banchongduang, Published on 26/11/2020
» Thailand's economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house.
BBL raises income target for credit cards
Business, Somruedi Banchongduang, Published on 24/11/2020
» Bangkok Bank (BBL) plans to increase its customer base in the upper-income segment for credit card loans next year to beef up risk management against rising bad loans and swelling household debt.
Repayment progress in Q3
Business, Somruedi Banchongduang, Published on 17/11/2020
» Borrowers showed improved debt-servicing ability in the third quarter, especially for numerous auto loan customers that exited from the Bank of Thailand's debt relief measures.
Political uncertainty hits confidence
Business, Somruedi Banchongduang, Published on 31/10/2020
» Domestic political uncertainty is putting pressure on consumer confidence, though private consumption registered a small improvement last month, says a senior Bank of Thailand official.
KTB vows cooperation after report's claims
Business, Somruedi Banchongduang, Published on 24/09/2020
» Krungthai Bank (KTB) says it's ready to cooperate with local and international regulatory bodies to investigate funds transfers as the bank awaits clearer information from the US Treasury Department's Financial Crimes Enforcement Network (FinCEN).