Showing 11 - 20 of 39
KBank tries blockchain option Kubix
Business, Somruedi Banchongduang, Published on 12/04/2021
» Kasikornbank (KBank) is exploring an innovative form of services called decentralised finance (DeFi) using blockchain and independent of central financial intermediaries as it tries to grow its business regionally via the digital platform.
40m expected for NDID authentication
Business, Somruedi Banchongduang, Published on 10/11/2020
» The Bank of Thailand expects around 40 million depositors will register for digital ID authentication under the National Digital ID (NDID) platform after expanding digital customer verification to other financial service providers apart from commercial banks.
PEA adopts e-LG to cut expenses
Business, Somruedi Banchongduang, Published on 04/11/2020
» The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.
High-yield bond fund under study
Business, Somruedi Banchongduang, Published on 20/06/2020
» Policymakers are conducting a feasibility study to establish a high-yield bond fund to broaden investment opportunities for retail investors seeking higher returns amid rock-bottom interest rates.
Filling a prescription for career success
Business, Somruedi Banchongduang, Published on 04/04/2020
» Like many graduates who embark on a career to match the degree they earned, Pipit Aneaknithi started out as a pharmacist until his passion to make a difference turned him into a banker.
Thai banks spread QR code in Asean
Business, Somruedi Banchongduang, Published on 10/02/2020
» Thailand is set to kick off cross-border payment via QR code technology in Asean by mid-year, aiming to enhance financial transactions through the digital platform across the region.
SCB touts tech, rejigs subsidiaries
Business, Somruedi Banchongduang, Published on 24/01/2020
» Siam Commercial Bank (SCB) has restructured its tech subsidiaries as it seeks S-curve growth in the digital age and pursues the bank's goal of becoming "a tech firm running a banking business".
BBL offers L/C blockchain service
Business, Somruedi Banchongduang, Published on 05/11/2019
» Bangkok Bank (BBL) is set to roll out a blockchain-based letter of credit (L/C) service next month and aims for the innovative financial service to increase the bank's trade finance business.
Thailand sidesteps US watch list
Business, Somruedi Banchongduang, Published on 30/05/2019
» Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank's chief.
KBank scrutinising loans connected with China
Business, Somruedi Banchongduang, Published on 23/05/2019
» Kasikornbank (KBank) has tightened loan approvals for China-related businesses amid heightening US-China trade tensions, which are pressuring the bank's trade finance segment.