Showing 1 - 10 of 14
SCB predicts flat growth for SME, retail segments
Business, Somruedi Banchongduang, Published on 07/03/2024
» Siam Commercial Bank (SCB), the banking business unit under SCB X Plc, expects no growth in small and medium-sized enterprise (SME) and retail loans this year, citing the fragile financial conditions of these two customer segments.
Krungsri upbeat on M&A view
Business, Somruedi Banchongduang, Published on 22/02/2023
» Bank of Ayudhya (Krungsri) sees greater opportunity for large corporate customers to make merger and acquisition (M&A) deals this year thanks to a clearer economic outlook following the easing of the pandemic.
UOB buys four Citibank retail arms
Business, Somruedi Banchongduang, Published on 15/01/2022
» Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank's retail arms in four Asean markets, says an executive.
Taiwanese bank expands stake in LHFG
Business, Somruedi Banchongduang, Published on 09/09/2021
» A major Taiwanese shareholder in Land and Houses Financial Group, has increased its stake by 11%.
KTC to take 75.05% stake in KTB Leasing
Business, Somruedi Banchongduang, Published on 12/02/2021
» SET-listed Krungthai Card Plc (KTC) is in the process of acquiring a 75.05% stake in Krungthai Leasing Co Ltd (KTB Leasing) from Krungthai Bank (KTB), aiming to expand financial services to cover secured loan products.
BBL seeks digital boost from Permata
Business, Somruedi Banchongduang, Published on 07/03/2020
» Bangkok Bank (BBL) is aiming for significant growth in the digital banking business in Indonesia after its acquisition of PT Bank Permata.
Tisco sells loan portfolio to Citi
Business, Somruedi Banchongduang, Published on 31/03/2018
» Tisco Bank and its sister All-Ways Co Ltd have inked a deal to sell their personal loan portfolio and credit card business with a combined asset value of 6.9 billion baht to Citibank N.A. (Bangkok Branch), a move the bank cited as in line with the group's policy to focus on expanding secured loan business.
BAY looks to secure Vietnam toehold
Business, Somruedi Banchongduang, Published on 05/01/2018
» Bank of Ayudhya (BAY) is exploring opportunities in Vietnam's consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ's (BTMU) policy to deepen the group's reach in Southeast Asia.
Tisco eyes 30% gain in fee income
Business, Somruedi Banchongduang, Published on 15/11/2017
» Tisco Bank aims for double-digit growth in fee-based income next year based on Standard Chartered Bank Thai's (SCBT) retail banking asset transfers.
SCBT upbeat after retail banking exit
Business, Somruedi Banchongduang, Published on 30/06/2017
» Standard Chartered Bank (Thai) (SCBT) is aiming for a high single-digit top line growth under its five-year plan after its exit from retail banking to focus on wholesale banking.