Showing 21 - 30 of 37
The far corners of banking
Business, Somruedi Banchongduang, Published on 31/07/2018
» As the high-income market approaches saturation, Kasikornbank (KBank) is shifting its customer acquisition focus to the lower-income segment, where strong demand for financial services remains.
Ministry, BoT affirm SME loan deadline
Business, Somruedi Banchongduang, Published on 08/06/2018
» The Finance Ministry and the Bank of Thailand have confirmed that the deadline for requiring banks to use financial accounts submitted to the Revenue Department by small and medium-sized enterprises (SMEs) for loan approvals is still on track for the start of next year.
Tisco rejigs focus to secured loan options
Business, Somruedi Banchongduang, Published on 17/04/2018
» Tisco Bank has shifted its focus back to secured loan business after moving away from unsecured retail lending by offloading its credit card and personal loan portfolio to Citibank Thailand.
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.
TMB on alert for takeovers
Business, Somruedi Banchongduang, Published on 06/11/2017
» Local banks are keen to jump on the digital bandwagon. But TMB Bank chief executive Boontuck Wungcharoen believes size still matters for the banking business and his company should brace for mergers and acquisitions (M&A) that might happen in the future.
Drawing on experience
Business, Somruedi Banchongduang, Published on 05/08/2017
» Pete's Philosophy is a Facebook page created by Suripong Tantiyanon, Visa's country manager for Thailand, to give inspiration for life and work to more than 100,000 fans. He made the page for fun three years ago during a short career break after resigning from Siam Commercial Bank (SCB).
Lukewarm lending growth for listed banks
Business, Somruedi Banchongduang, Published on 25/07/2017
» Eleven listed commercial lenders' total loans expanded at a tepid pace in the first half, rising slightly less than 2% since the end of last year and reflecting banks' cautious approach and lukewarm loan demand.
Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
Superrich digitising with fintech company
Business, Somruedi Banchongduang, Published on 27/02/2017
» Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.
Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.