Showing 1 - 10 of 1,405
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
SCB EIC predicts fragile conditions for lending
Business, Somruedi Banchongduang, Published on 20/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, anticipates increased fragility in the household and business sectors, which combined with the Bank of Thailand's responsible lending practices will pressure loan growth in the banking industry over the next few years.
Central bank unfazed by factory closures
Business, Somruedi Banchongduang, Published on 18/06/2024
» The Bank of Thailand says new business registrations still outnumber factory and business closures, with no adverse impact yet on the country's employment figures.
UOB waives cardholders' fees, interest
Business, Somruedi Banchongduang, Published on 15/06/2024
» UOB Thailand has waived interest and fees for credit cardholders affected by the bank's payment apportionment system.
UOB responds to central bank directive
Business, Somruedi Banchongduang, Published on 14/06/2024
» UOB Thailand plans to cancel its payment apportionment system for credit cards by the end of this month to comply with the Bank of Thailand's directive.
KBank takes cautious view on regional loan expansion
Business, Somruedi Banchongduang, Published on 11/06/2024
» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.
Panel says export growth may miss target
Business, Somruedi Banchongduang, Published on 06/06/2024
» A private sector panel predicts that Thai export growth may fall short of its target this year because of challenges from both external and internal factors.
Banks projected to beat sustainable loan growth targets
Business, Somruedi Banchongduang, Published on 04/06/2024
» Large banks anticipate achieving sustainable loan growth targets ahead of their timelines over the next few years, aligning with Thailand's net-zero transition goals.
Krungsri poised to focus on transition finance for SMEs
Business, Somruedi Banchongduang, Published on 30/05/2024
» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.
Large banks pushed on transition loans
Business, Somruedi Banchongduang, Published on 29/05/2024
» The Bank of Thailand has encouraged large commercial banks to offer transition finance to assist local businesses in moving from carbon-intensive industries to more sustainable practices.