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BUSINESS

KTB cuts state loan portfolio

Business, Somruedi Banchongduang, Published on 02/08/2012

» Krung Thai Bank (KTB) has reduced the proportion of government loans in its portfolio to 15% of total debt outstanding from 18% last year in favour of corporate and small loans.

BUSINESS

KBank introduces novel personal advisory service

Business, Somruedi Banchongduang, Published on 01/08/2012

» Kasikornbank (KBank) has introduced a new service called K-Expert, offering financial advice to individual customers under its concept of "advisory banking".

BUSINESS

Auto loan growth exceeds expectations

Business, Somruedi Banchongduang, Published on 31/07/2012

» Ayudhya Capital Auto Lease Plc (Krungsri Auto), a subsidiary of Bank of Ayudhya, exceeded its loan growth target for the first half of this year, due partly to a booming eco-car market and the government's first-car loan scheme.

BUSINESS

Dhanin: Legal casinos the way forward

Business, Somruedi Banchongduang, Published on 28/07/2012

» Thailand should legalise gambling to get more revenue from tourism and eliminate illegal casinos operating across the country, says Dhanin Chearavanont, chairman of the CP Group.

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BUSINESS

Farmers' cash card launched

Business, Somruedi Banchongduang, Published on 27/07/2012

» Krung Thai Bank (KTB) has launched a pilot project distributing cash cards to farmers in a bid to transform the country's payment system into a mostly card-based process.

BUSINESS

SME exporters petition SCB for help

Business, Somruedi Banchongduang, Published on 25/07/2012

» Small and medium-sized enterprises (SMEs) that export to Europe have asked for loan extensions for a month due to their tighter cash flow, says Sirichai Sombutsiri, a senior executive vice-president at Siam Commercial Bank (SCB).

BUSINESS

Concentrate on synergy to advance in AEC _ CIMB

Business, Somruedi Banchongduang, Published on 25/07/2012

» Southeast Asian nations should emphasise integration over competition in order to strengthen regional synergy ahead of the Asean Economic Community in 2015, say economists with the CIMB Group.

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BUSINESS

The golden years

Business, Somruedi Banchongduang, Published on 23/07/2012

» Long-term financial planning for retirement is a key personal finance objective for Dusanee Klewpatinontha, executive vice-president for retail banking at CIMB Thai Bank (CIMBT).

BUSINESS

KBank sets sights on regional expansion

Business, Somruedi Banchongduang, Published on 21/07/2012

» Kasikornbank (KBank) is upbeat that its expansion into other Asean countries will support Thai customers investing in neighbouring lands, especially with the recent opening of its Myanmar office.

BUSINESS

Economic recovery propels banks in Q2

Business, Somruedi Banchongduang, Published on 21/07/2012

» The banking industry continued to outperform in the second quarter, posting strong results on healthy loan growth in line with the country's economic momentum.