Showing 1 - 10 of 29
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
Offshore investments to lure mass market
Business, Somruedi Banchongduang, Published on 31/01/2023
» CIMB Thai Bank (CIMBT) has expanded its wealth management services to cover the mass market by offering offshore investment products with higher returns.
Banks signal higher interest rates on the horizon
Business, Somruedi Banchongduang, Published on 02/07/2022
» Banks have indicated higher interest rates are planned for mortgages and auto loans in response to rising financial costs and a policy rate hike.
BAM optimistic on joint ventures to manage bad assets
Business, Somruedi Banchongduang, Published on 12/02/2022
» SET-listed Bangkok Commercial Asset Management (BAM) is in talks with seven financial institutions to be potential partners and set up joint venture asset management companies (JV AMCs) under the Bank of Thailand's initiative to manage non-performing loans (NPLs) in the banking industry.
Heng considers expansion plans after SET listing
Business, Somruedi Banchongduang, Published on 20/11/2021
» Consumer loan provider Heng Leasing and Capital Plc (Heng) will expand its business through an inorganic growth strategy, the company's chief executive Sutharntip Phisitbuntoon said in an exclusive interview with the Bangkok Post.
CIMBT bullish on secondary market
Business, Somruedi Banchongduang, Published on 08/10/2021
» CIMB Thai Bank (CIMBT) aims to achieve a 30% growth rate in corporate bond trading in the secondary market next year.
CIMBT set to cut cost-to-income ratio
Business, Somruedi Banchongduang, Published on 03/11/2020
» SET-listed CIMB Thai Bank (CIMBT) plans to reduce its cost-to-income ratio for the next four years after completing digital platform development.
CIMBT promotes individual bond trading
Business, Somruedi Banchongduang, Published on 25/09/2020
» CIMB Thai Bank (CIMBT) is encouraging individual bond trading in the secondary market for retail investors to better access financial products and receive a better investment return.
BoT looks to lighten burden for distressed borrowers
Business, Somruedi Banchongduang, Published on 29/07/2020
» The Bank of Thailand is considering adding a haircut method to the third phase of debt relief measures to help borrowers reeling from lower income caused by the virus crisis.
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.