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Search Result for “commercial banking”

Showing 1 - 6 of 6

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BUSINESS

Don't sleep on tax savings

Business, Oranan Paweewun, Published on 01/06/2020

» Against the backdrop of the coronavirus crisis, income uncertainty has become heightened and some individual taxpayers may be tempted to put income tax planning on the back burner.

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BUSINESS

Commercial banks' NPLs hit 9-year high at end of March

Business, Oranan Paweewun, Published on 19/05/2020

» Local commercial banks' non-performing loans (NPLs) climbed to a nine-year high at 3.05% of loans outstanding at the end of March, with consumer bad loans outpacing commercial NPLs for the first time in four years.

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BUSINESS

Insurance policies go viral

Business, Oranan Paweewun, Published on 23/03/2020

» The number of Covid-19 infections worldwide is nearing 250,000 and the death toll has exceeded 10,000, while the number of new patients diagnosed with the deadly virus in Thailand is rising rapidly.

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BUSINESS

Facial recognition for e-KYC nears debut

Business, Oranan Paweewun, Published on 21/02/2019

» The Bank of Thailand expects 10 financial and non-financial institutions testing out facial recognition for electronic Know Your Customer (e-KYC) technology in the regulatory sandbox to exit this stage, paving the way for banks to offer passbook account opening through mobile banking apps in the next quarter.

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BUSINESS

Listed banks to see lower Q3 net profit on fee waiver

Business, Oranan Paweewun, Published on 10/10/2018

» SET-listed banks are estimated to deliver lower quarter-on-quarter net profit for the third quarter but higher year-on-year earnings, say analysts, noting the waiver of transaction fees for digital banking dealt a blow to their fee-based income and net profits.

BUSINESS

Banks record mixed bag in Q1

Business, Oranan Paweewun, Published on 20/04/2018

» Siam Commercial Bank's (SCB) first-quarter net profit dropped by 4.6% year-on-year as a rise in operating expenses for digital banking business took a toll, while two mid-sized banks delivered improved net profit despite pursuing conservative management policies in raising provisions for impaired loans.