Showing 111 - 120 of 158
SCB takes Q2 profit hit on online transaction fee cut
Business, Somruedi Banchongduang, Published on 20/07/2018
» Siam Commercial Bank (SCB) posted a 6.7% lower net profit year-on-year for the second quarter as the waiver of online transaction fees took a bite out of its bottom line.
Short-term bond supply to rise
Business, Somruedi Banchongduang, Published on 28/04/2018
» The Bank of Thailand plans to gradually move away from its year-long tapering of new short-term bond supply by raising the new weekly three- and six-month debt auction amounts by 5 billion baht each, starting from May 15.
TBank's cross-border QR due for May start
Business, Somruedi Banchongduang, Published on 21/03/2018
» Thanachart Bank (TBank) plans to introduce the country's first cross-border QR code payment service in May based on the PromptPay platform, enabling foreigners to make payments in Thailand by scanning a barcode. The move is expected to pave the way for the country to become the region's cross-border payment hub.
CIMBT envisions massive profit uptick to B12-15bn
Business, Somruedi Banchongduang, Published on 06/03/2018
» CIMB Thai Bank (CIMBT) aims to dramatically boost its pre-provision operating profit (PPOP) to a range of 12-15 billion baht, hoping to meet its goal of upgrading to a mid-tier bank under its mid-term business plan through 2021.
Kiatnakin reveals interactive 'Magic Mirror' adviser
Business, Somruedi Banchongduang, Published on 28/02/2018
» Kiatnakin Bank (KKP) will unveil an interactive and live video call financial adviser technology at five pilot branches next month, aiming to boost its customer base by 20%.
Institutions asked to avoid digital tokens
Business, Somruedi Banchongduang, Published on 13/02/2018
» The Bank of Thailand has asked all financial institutions to stay away from making or being involved in cryptocurrency transactions, following recent moves to curb the risks of virtual currencies.
BoT tells off banks over baht speculation
Business, Somruedi Banchongduang, Published on 31/01/2018
» The Bank of Thailand has reprimanded some financial institutions with operations in Thailand for their behaviour in the light of speculative activity with the baht, say senior officials at the central bank.
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
Central bank steps up fines for market conduct violators
Business, Somruedi Banchongduang, Published on 18/01/2018
» The Bank of Thailand is escalating the punishment for banks that violate the regulator's market conduct rules.
Task force for digital ID recommended
Business, Somruedi Banchongduang, Published on 20/11/2017
» The private sector is studying setting up an entity tasked with handling a national single-point digital identity platform to set the stage for integrating identity verification, pushing the country towards a digital economy.