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THAILAND

Tisco looks to auto hire-purchase loans

Business, Somruedi Banchongduang, Published on 17/01/2023

» Tisco Bank is looking to acquire a new retail loan portfolio and sees greater opportunity in the auto hire-purchase loan segment as some business operators may be impacted by the new regulations pertaining to the ceiling interest rate of hire-purchase loans.

THAILAND

BOT acts to help hard-up companies

News, Somruedi Banchongduang, Published on 20/04/2021

» The Bank of Thailand (BOT)'s latest steps to help ease the strain on business operators hit by the Covid-19 pandemic are scheduled to come into force this week.

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THAILAND

The dawn of digital banking

Spectrum, Somruedi Banchongduang, Published on 22/04/2018

» When out at any shopping mall, it's common for consumers to use anything from credit cards to e-wallets when making purchases nowadays. But when it comes to traditional markets, or talat nat, found faraway from these commercial venues, it's only been recently that one can catch sight of these types of transactions taking place.

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THAILAND

KBank: Inheritance tax advisory demand growing

Business, Somruedi Banchongduang, Published on 03/07/2017

» The government's implementation of the inheritance tax and its plan to impose new asset-based taxes have boosted demand for tax advisory services from the well-off, says a Kasikornbank (KBank) executive.

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THAILAND

SAM arranging debt collection unit

Business, Somruedi Banchongduang, Published on 19/04/2017

» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.

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THAILAND

PromptPay C2C transfer imminent

Business, Somruedi Banchongduang, Published on 23/01/2017

» PromptPay's consumer-to-consumer (C2C) electronic fund transfer service under the national e-payment scheme will kick off on Friday, after being pushed back days before its first big scheduled launch in October of last year.

THAILAND

KTB denies seeking pardons for execs

News, Somruedi Banchongduang, Published on 28/08/2015

» Krungthai Bank (KTB) has denied reports it is preparing to seek royal pardons for 10 of its former executives and two current employees convicted of being involved in approving more than 9.9 billion baht of unsecured loans.