Showing 91 - 100 of 159
Lockdown builds Krungsri portfolio
Business, Somruedi Banchongduang, Published on 05/05/2020
» Staying at home is making consumers rely more heavily on online, particularly the food delivery business, and Bank of Ayudhya's (BAY) lending service for Grab users is reaping a windfall.
BoT outlines possible recovery paths
Business, Somruedi Banchongduang, Published on 01/05/2020
» The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.
BBL anticipates Chinese revival on state support
Business, Somruedi Banchongduang, Published on 13/03/2020
» Bangkok Bank (BBL) expects its banking business in China will gradually pick up on the heels of the improving coronavirus outbreak in the mainland and the Chinese government's assistance measures.
CIMBT closes 2 sub-branches at 7-Eleven
Business, Somruedi Banchongduang, Published on 13/01/2020
» CIMB Thai Bank (CIMBT) has shuttered two sub-branches in 7-Eleven convenience stores because of tepid transactions amid an upsurge in digital banking.
SCB, BAY post healthy growth
Business, Somruedi Banchongduang, Published on 19/10/2019
» Siam Commercial Bank (SCB) delivered a 40.8% year-on-year increase in its consolidated unreviewed net profit for the three months through September, thanks to a one-off gain from selling SCB Life Assurance, while Bank of Ayudhya (BAY) saw its quarterly operating profit rise 5.8% from a year earlier.
KBank's digital push focuses on startups
Business, Somruedi Banchongduang, Published on 31/07/2019
» Kasikornbank (KBank) plans to turn its focus to adding more startups to its digital banking roster to increase user activities and income, while searching for new business opportunities after teaming up with three online platform giants: Grab, Line and Facebook.
SCB counts on SME stimulus for loan surge
Business, Somruedi Banchongduang, Published on 23/07/2019
» Siam Commercial Bank (SCB) is hoping the government's economic stimulus packages will spur small and medium-sized enterprise (SME) loan demand in the second half this year after recording marginal growth in the first half as the economy sputtered.
Project Inthanon heads to Phase III
Somruedi Banchongduang, Published on 18/07/2019
» The Bank of Thailand's Project Inthanon Phase III, which involves interoperability among ledgers for cross-border funds transfer, is expected to start next month and conclude during the fourth quarter of this year.
Red flag raised on household debt spiral
Business, Somruedi Banchongduang, Published on 11/07/2019
» Two key committees under the Bank of Thailand have voiced concerns that threats to financial stability are still on the rise as household debt accumulation accelerates.
Financial stability jeopardised
Somruedi Banchongduang, Published on 10/07/2019
» The Bank of Thailand (BoT)'s two key committees have voiced concern that rising household debt poses a threat to financial stability.