Showing 1 - 10 of 95
Bad debts have reached peak, says state bank
Business, Wichit Chantanusornsiri, Published on 02/01/2025
» The Government Savings Bank (GSB) has the view that non-performing loans (NPLs) in the financial system have already peaked.
Scandal stalks stocks
Published on 22/07/2024
» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.
Financial crisis looms over Thailand
Oped, Chartchai Parasuk, Published on 25/01/2024
» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.
A year of milestones
Business, Post Reporters, Published on 26/12/2023
» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.
Listed banks post 13% Q1 profit hike
Business, Somruedi Banchongduang, Published on 22/04/2023
» Net profit for the banking industry grew 13% in the first quarter thanks to improving business operations, despite setting higher loan-loss provisions amid global economic risks.
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.
Moderate tightening to benefit regional banks
Business, Published on 05/08/2022
» The current monetary policy tightening cycle will generally support the credit profiles of banks in Asia, to the extent that higher interest rates lift net interest margins (NIMs).
SCB preps with long-term debt rejig
Business, Somruedi Banchongduang, Published on 05/01/2022
» Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank's requirement.
Debt restructuring to be extended
Business, Somruedi Banchongduang, Published on 04/09/2021
» Debt restructuring periods offered to borrowers affected by the pandemic could be extended to more than 10 years, says Thai Bankers' Association (TBA) chairman Payong Srivanich.
BoT backs borrowings
Business, Somruedi Banchongduang, Published on 17/08/2021
» The Bank of Thailand (BoT) is urging the government to borrow an additional 1 trillion baht to address the severe economic impact of the Covid-19 pandemic and boost the country's long-term growth prospects.