Showing 41 - 50 of 7,957
High hopes for virtual banks
Business, Somruedi Banchongduang, Published on 30/06/2025
» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.
Banks' net profit trends lower
Business, Somruedi Banchongduang, Published on 20/07/2019
» Nine SET-listed banks' aggregate net profit for the second quarter was a tad lower than a year earlier as higher interest income and lower impairment costs almost offset increases in operating expense, while almost all banks saw an uptick in bad loans.
MTL banks on new premiums
Business, Darana Chudasri, Published on 28/08/2019
» Muang Thai Life Insurance Plc (MTL) expects to achieve its target of 28 billion baht worth of new insurance premiums this year driven by health protection and unit-linked insurance products amid a spate of new regulatory and financial challenges.
Myanmar banks feel the heat
Asia focus, Larry Jagan, Published on 23/09/2019
» The fragile state of Myanmar's banking industry remains a problem for the government as it strives to liberalise the financial sector and create a genuine market-based economy. A mini-run on local banks earlier this month underscored how shaky public confidence is.
Thai banks earn high marks
Business, Somruedi Banchongduang, Published on 08/10/2019
» Thai commercial banks were rated fully compliant by the Financial Sector Assessment Programme (FSAP), jointly conducted by the World Bank and the IMF, but the multilateral lenders pointed out that household debt, specialised financial institutions (SFIs) and cooperatives still need to improve.
Global factors burden Asian banks
Business, Published on 06/12/2019
» Global macroeconomic challenges are likely to increase pressure on the short-term earnings prospects of investment-grade banks in Asia-Pacific, Fitch Ratings says in a new report.
SHR banks on Maldives' allure
Business, Dusida Worrachaddejchai, Published on 12/12/2019
» S Hotels & Resorts Plc (SHR), the hospitality arm of Singha Estate Plc, is confident that tourism growth in the Maldives next year will prop up its investment in the island.
Seacon banks on civil servants
Kanana Katharangsiporn, Published on 26/02/2025
» Homebuilder Seacon continues to target civil servants amid the economic slowdown, aiming to achieve 1.69 billion baht in sales this year, growth of 12% yet less than its peak of 2 billion baht.
Banks brace for holiday outlay
Business, Somruedi Banchongduang, Published on 25/01/2019
» Commercial banks' net cash withdrawal from the Bank of Thailand to prepare for the public's spending over Chinese New Year is estimated to increase to 62.5 billion baht from 46 billion a year earlier, says a senior official at the central bank.
Thonburi Healthcare banks on expansion
Business, Pitsinee Jitpleecheep, Published on 13/02/2019
» SET-listed Thonburi Healthcare Group Plc plans to spend 1.29 billion baht during 2019-2020 to expand its hospital facility in Bangkok, in part to sustain its growth.