Showing 11 - 20 of 696
Bank of Thailand plans to further relax foreign exchange rules
Business, Somruedi Banchongduang, Published on 02/08/2024
» The Bank of Thailand (BoT) plans to further ease foreign exchange regulations to support the ease of doing business and enhance the country's foreign exchange ecosystem in the long run.
LH Bank aims to increase ratio of Taiwanese loans
Business, Somruedi Banchongduang, Published on 26/07/2024
» LH Bank, a subsidiary of Land and House Financial Group (LHFG), aims to double the proportion of its Taiwanese loans over the next 3-5 years, driven by the expanding presence of foreign businesses in the Thai market.
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).
HSBC launches sustainable supply chain finance
Business, Somruedi Banchongduang, Published on 17/07/2024
» HSBC Thailand sees significant opportunities in sustainable supply chain financial services in the Thai market, noting that financial solutions would give local small and medium-sized enterprises (SMEs) improved access to funding sources.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
SCB X preps for virtual bank licence
Business, Somruedi Banchongduang, Published on 09/07/2024
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank, is gearing up to apply for a virtual banking licence from the Bank of Thailand in September.
Bank of Thailand mulls new credit model for SMEs
Business, Somruedi Banchongduang, Published on 05/06/2024
» The Bank of Thailand is exploring a tripartite credit guarantee model used by other countries to improve funding access for Thai small and medium-sized enterprises (SMEs).
Krungsri poised to focus on transition finance for SMEs
Business, Somruedi Banchongduang, Published on 30/05/2024
» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.
KBank stays bullish on corporate loans
Business, Somruedi Banchongduang, Published on 28/05/2024
» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.
KKP transitions to sustainable finance
Business, Somruedi Banchongduang, Published on 25/05/2024
» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, is offering sustainable financial services with a focus on the real estate sector, providing green loans to both commercial and individual customers.