Showing 11 - 20 of 159
KTC records 20% net profit growth in 2022
Business, Somruedi Banchongduang, Published on 24/01/2023
» SET-listed Krungthai Card (KTC), a non-bank business under Krungthai Bank (KTB), posted net profit growth of 20% in 2022, thanks to Thailand's economic rebound and improving tourism after the country's reopening.
Agency preps operations for new deposit variety
Business, Somruedi Banchongduang, Published on 20/01/2023
» The Deposit Protection Agency (DPA) plans to safeguard customers' accounts at the proposed virtual banks, with the agency preparing its internal operations in line with this new offering.
BoT issues warning on cybercrime
Business, Somruedi Banchongduang, Published on 19/01/2023
» The Bank of Thailand has warned banks and consumers to keep up their guard against an elevated risk of financial cybercrime.
Apec summit expected to generate B600bn
Business, Somruedi Banchongduang, Published on 22/12/2022
» An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.
BoT hikes policy rate as recovery gathers steam
Business, Somruedi Banchongduang, Published on 01/12/2022
» The Bank of Thailand believes the country's economy will take off in the final quarter of this year and return to pre-pandemic growth levels.
Bank of Thailand continues push for digital currency
Business, Somruedi Banchongduang, Published on 29/10/2022
» The Bank of Thailand (BoT) plans to take more time to develop its retail central bank digital currency (CBDC) to ensure it offers additional benefits to the financial system with good risk management.
Fitch sees higher earnings ahead for banks
Business, Somruedi Banchongduang, Published on 20/10/2022
» Fitch Ratings expects higher earnings in the Thai banking sector, in line with the country's economic recovery, with loan-loss reserves in the industry having peaked.
Green lending under BoT scrutiny
Business, Somruedi Banchongduang, Published on 24/08/2022
» Financial institutions are expected to report their environmental loan strategies and related targets to the Bank of Thailand from next year as the country attempts to transition to a green economy.
LH Bank zeroes in on Taiwanese prospects
Business, Somruedi Banchongduang, Published on 09/08/2022
» Land and Houses Bank (LH Bank) is putting more focus on Taiwanese businesses in Thailand, aiming for 70% loan growth in this corporate customer segment in 2022.
Siam Square hosts new green building
Business, Somruedi Banchongduang, Published on 21/07/2022
» Kasikornbank (KBank) and six partners on Wednesday jointly launched an "innovative iconic green building" named "KLOUD by KBank" at Siam Square.