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BUSINESS

Post-flood relief

Business, Somruedi Banchongduang, Published on 23/04/2012

» If you are looking for money to restore your flood-damaged house, buy a new home or refinance a home loan, you can obtain a mortgage with a special interest rate under the central bank's soft loan scheme.

BUSINESS

KBank loans JBIC B2.8bn

Business, Somruedi Banchongduang, Published on 20/04/2012

» Kasikornbank signed a loan agreement for 2.8 billion baht to the Japan Bank for International Cooperation (JBIC) to assist flood-hit Thai-Japanese ventures.

BUSINESS

Banks post healthy Q1 earnings

Business, Somruedi Banchongduang, Published on 19/04/2012

» Siam Commercial Bank earned a strong profit in the first quarter this year, propelled by healthy loan growth as a result of the improving economy.

BUSINESS

Ratchthani issues B6bn in bonds for expansion plan

Business, Somruedi Banchongduang, Published on 19/04/2012

» Ratchthani Leasing issued 6 billion baht in bonds to refinance its existing debentures, and it plans to raise another 5 billion for business expansion later this year to serve its aggressive loan growth target.

BUSINESS

Recovery ahead of schedule, says BBL

Business, Somruedi Banchongduang, Published on 18/04/2012

» Bangkok Bank believes the country's economy is recovering faster than expected with the rapid restoration of private-sector activity in the second quarter after the recent floods, said executive chairman Kosit Panpiemras.

BUSINESS

Lenders fine-tune AEC plans

Business, Somruedi Banchongduang, Published on 18/04/2012

» Large local banks have been strengthening their regional networks and preparing for greater business opportunities from the formation of the Asean Economic Community in 2015. Despite a focus on the same market, each bank is going regional with different strategy.

BUSINESS

KBank to use profits to meet rule

Business, Somruedi Banchongduang, Published on 16/04/2012

» Kasikornbank will focus on improving profitability to help bolster its capital base to help meet new requirements under the Basel III capital accord.

BUSINESS

Banks in fund-raising mode with new debt

Business, Somruedi Banchongduang, Published on 13/04/2012

» Local banks are preparing to raise hundreds of billions of baht in new funds from the local debt market in anticipation of stronger loan growth over the next several quarters.

BUSINESS

Auto-loan lenders defend their positions

Business, Somruedi Banchongduang, Published on 12/04/2012

» Leading auto-loan providers insist that their financing systems are in compliance with all local regulations.

BUSINESS

Thai auto loans bursting at the seams

Business, Somruedi Banchongduang, Published on 11/04/2012

» Auto loans are expected to skyrocket this year after posting a strong performance in the first quarter thanks to overwhelming back orders for new cars following the floods.