Showing 1 - 10 of 263
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
HSBC Thailand prepares strategy for expansion
Business, Somruedi Banchongduang, Published on 02/06/2023
» HSBC Thailand aims to raise fresh funds and secure an additional licence in preparation for local business expansion in line with the country's economic growth.
Banks consider new fees to reflect expenses
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Thai Bankers' Association (TBA) is mulling a new fee structure for the industry, with higher service costs for banks possibly passed on to customers.
SCB aims to use joint venture for growth
Business, Somruedi Banchongduang, Published on 28/04/2023
» Siam Commercial Bank (SCB) plans to expand its wealth management customer base by 12% per year for the next 3-5 years, hoping to raise its fee-based income.
Banks eye yuan-baht trade payments
Business, Somruedi Banchongduang, Published on 27/04/2023
» The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.
LGT foresees long-term growth in Thailand
Business, Somruedi Banchongduang, Published on 09/03/2023
» LGT Private Banking, an international private bank owned by the House of Liechtenstein, plans to continue growing business in Thailand over the longer term as it foresees greater opportunities here.
Digital lenders target strong growth this year
Business, Somruedi Banchongduang, Published on 10/02/2023
» Digital lending service providers are aiming for strong loan growth and business expansion this year.
Private bank says foreign investors upbeat on Thai stocks
Business, Somruedi Banchongduang, Published on 09/02/2023
» Foreign investors hold an optimistic view of Thailand's stock market this year thanks to the country's economic recovery, driven by the tourism sector and China's reopening, says an investment analyst.
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.
SCB X allocates $50m for Indonesia's BJJ
Business, Somruedi Banchongduang, Published on 21/09/2022
» SCB X, a holding company of Siam Commercial Bank and SCB X Group, has invested US$50 million via an indirect investment in Indonesia-based Bank Jasa Jakarta (BJJ) through WeLab Sky as part of SCB X's strategy to become a regional financial technology group.