Showing 41 - 50 of 696
Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
BoT considers guarantees for SMEs
Business, Somruedi Banchongduang, Published on 21/02/2024
» The Bank of Thailand is studying the possibility of launching credit guarantee schemes for small and medium-sized enterprises (SMEs), aiming to broaden their access to bank loans.
Auction prices may limit sales
Business, Somruedi Banchongduang, Published on 06/02/2024
» SET-listed Bangkok Commercial Asset Management (BAM) expects banks to see lower auction prices for bad debt sales this year because of higher supply amid a sluggish economy.
Baht strengthens as Fed expected to stay put
Business, Somruedi Banchongduang, Published on 31/01/2024
» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.
Banks see flat loan growth
Business, Somruedi Banchongduang, Published on 26/01/2024
» The banking sector booked flat loan growth last year as a result of debt repayment by borrowers and banks' increased scrutiny of loan expansion amid heightened economic uncertainties.
Banks see profit hike amid higher interest income
Business, Somruedi Banchongduang, Published on 23/01/2024
» Ten SET-listed commercial banks reported consolidated net profit in 2023 of 232 billion baht, a 15.6% year-on-year increase from around 201 billion baht in 2022, attributed to rising interest income as a result of policy rate hikes.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
Citibank: BoT likely to freeze rates for 2 years
Business, Somruedi Banchongduang, Published on 20/01/2024
» Citibank Thailand expects the Bank of Thailand to keep its policy rate steady for two years, in line with a gradual economic recovery and no inflationary pressure.
K-Asset establishes partnership with JPMAM
Business, Somruedi Banchongduang, Published on 11/01/2024
» Kasikorn Asset Management (K-Asset) is partnering with J.P. Morgan Asset Management (JPMAM) to expand its mutual fund business in the Thai market in line with the positive growth of the Thai wealth segment.
KBank focuses on Vietnam, Indonesia
Business, Somruedi Banchongduang, Published on 04/01/2024
» Kasikornbank (KBank) is focusing on expanding its international banking business this year in Vietnam and Indonesia based on the high growth potential of the two Asean economies.