Showing 71 - 80 of 696
Bridge Capital taps SME loans as banks waver
Business, Somruedi Banchongduang, Published on 11/08/2023
» Bridge Capital Management Co Ltd aims to be a new funding source for small and medium-sized enterprises (SMEs) in the Thai market as it foresees greater opportunities amid sluggish SME loan growth in the banking sector.
KBank spins off investment business
Somruedi Banchongduang, Published on 03/08/2023
» Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the next three years, paving the way for new S-curve business in the long run.
Banks mulling risk-based pricing model
Business, Somruedi Banchongduang, Published on 31/07/2023
» Banks and non-banks are interested in testing the risk-based pricing (RBP) model in the central bank's regulatory sandbox to expand their base of new customers with improved risk control.
SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
Banks post 15% profit growth in first half
Business, Somruedi Banchongduang, Published on 25/07/2023
» Rising interest rates boosted banks' earnings in the first half with more than 15% net profit growth.
Robinhood to move into nanofinance
Business, Somruedi Banchongduang, Published on 19/07/2023
» Robinhood, an application for an on-demand delivery service platform under SCB X, plans to offer nanofinance next month in a bid to grow new loans by 100 million baht this year.
SCB X says virtual bank will meet BoT's requirements
Business, Somruedi Banchongduang, Published on 08/07/2023
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.
Krungsri anticipates uptick in baht volatility
Business, Somruedi Banchongduang, Published on 07/07/2023
» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.
Heng to maintain rates through 2024
Business, Somruedi Banchongduang, Published on 06/07/2023
» Heng Leasing and Capital Plc expects to maintain its maximum interest rate through next year even as the central bank raises rates because of the company's loan portfolio adjustment.
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.