Showing 1 - 8 of 8
GSB seeks nod for mortgage measures
Business, Oranan Paweewun, Published on 06/06/2019
» Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.
Small deposits add up
Business, Oranan Paweewun, Published on 22/04/2019
» The US Federal Reserve's dovish signal of the end of the current rate hike cycle, a slackening of momentum for Thailand's economic growth amid risks from the global economic slowdown and domestic political instability, and the liquidity surplus in the local financial system suggest that low interest rates will persist for an extended period.
Ensuring a comfortable nest egg
Business, Oranan Paweewun, Published on 11/03/2019
» Most retirees rely on savings accumulated over their working life, but longer life expectancy and higher costs of living could fan fears that the nest egg will come up short.
Facial recognition for e-KYC nears debut
Business, Oranan Paweewun, Published on 21/02/2019
» The Bank of Thailand expects 10 financial and non-financial institutions testing out facial recognition for electronic Know Your Customer (e-KYC) technology in the regulatory sandbox to exit this stage, paving the way for banks to offer passbook account opening through mobile banking apps in the next quarter.
KBank and Line partner
Business, Oranan Paweewun, Published on 13/12/2018
» Kasikornbank (KBank) has made a big push into digital banking by forming a joint venture with Line Financial Asia to tap into the online social giant's 44 million users, aiming to grow its retail loan and digital banking business.
Krungsri Consumer's growth guru
Business, Oranan Paweewun, Published on 10/11/2018
» 'Communication, empowerment and technology" are the three words that Thakorn Piyapan uses to sum up how he steers Krungsri Consumer, an unsecured lending arm of Bank of Ayudhya (BAY), which has become the country's largest credit card issuer and personal lender by users under his six-year reign.
Krungsri frets over digital pace
Business, Oranan Paweewun, Published on 13/10/2018
» Krungsri Consumer chairman Thakorn Piyapan is concerned that the country's largest credit card and personal loan lender by number of accounts is not adapting fast enough on digital platforms to capture first-mover advantages amid heightening competition.
Krungsri Consumer sees flat personal loan outlook
Business, Oranan Paweewun, Published on 02/04/2018
» Krungsri Consumer, an unsecured-lending unit under Bank of Ayudhya (BAY), expects new personal loan account growth to be flat this year at 300,000 because of the lingering effects of the Bank of Thailand's tightened regulations for those earning less than 30,000 baht a month and termination of the direct sales channel for credit cards and personal loan products.