Showing 1 - 10 of 16
Banks share data with Bank of Thailand to combat fraudulent mule accounts
Somruedi Banchongduang, Published on 02/09/2024
» The banking industry has introduced data-sharing through a new Central Fraud Register (CFR) system to intensify efforts to crack down on so-called mule accounts.
Bankers allay app concerns
Business, Somruedi Banchongduang, Published on 09/11/2023
» The Thai Bankers' Association (TBA) has confirmed the security and stability of banks' mobile banking applications.
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
BoT issues warning on cybercrime
Business, Somruedi Banchongduang, Published on 19/01/2023
» The Bank of Thailand has warned banks and consumers to keep up their guard against an elevated risk of financial cybercrime.
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.
Silver lining in the debt deluge
Business, Somruedi Banchongduang, Published on 19/02/2022
» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.
CTBC banking on Thai SMEs
Business, Somruedi Banchongduang, Published on 10/08/2021
» Taiwan-based CTBC Bank (CTBC), a major shareholder of Land and Houses Bank (LH Bank), sees high growth potential of Thai small and medium-sized enterprises (SMEs) in the long term, though the SME segment is still facing hardships amid the pandemic, LH Bank president Chompoonoot Pathomporn said in an exclusive interview with the Bangkok Post.
BAM eyes asset aid model
Business, Somruedi Banchongduang, Published on 09/03/2021
» SET-listed Bangkok Commercial Asset Management (BAM), the country's largest asset management company, is looking into a joint venture model to manage hospitality assets in an effort to help hotel business operators suffering from the protracted crisis.
BoT alters SME group definitions for soft loans
Business, Somruedi Banchongduang, Published on 29/12/2020
» The Bank of Thailand has redefined the eligibility of small and medium-sized enterprises (SMEs) business groups for its soft loan programme by splitting up smaller details and entities, an attempt to facilitate better loan access and increased loan amounts.
BoT reduces local owner requirement for transfers
Business, Somruedi Banchongduang, Published on 01/02/2019
» The Bank of Thailand has eased qualifications for international money transfer operators to attract new players and increase competition, which in turn should lead to lower fees.