Showing 1 - 10 of 113
Credit card firms plead for low rate
Business, Somruedi Banchongduang, Published on 07/03/2025
» The Credit Card Club of the Thai Bankers' Association is urging the Bank of Thailand to extend the current minimum payment rate for credit cards until next year.
Trump tariff storm batters Asian shares
Business, Published on 01/03/2025
» RECAP: Emerging Asian markets got swept up in the global equities storm yesterday, with Thai and Indonesian stocks teetering on the brink of a bear market as President Donald Trump's latest tariff threats sent risk assets reeling.
Krungsri Consumer predicts uptick in credit card loans
Business, Somruedi Banchongduang, Published on 30/08/2024
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (Krungsri), anticipates a rise in credit card loans during the second half of this year, despite a sluggish economy and an increase in the minimum payment requirement for credit cards.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
High debt remains key concern
Business, Published on 18/12/2023
» Government efforts to tackle informal debt and loan sharks are a good starting point to reduce the household debt crisis, but this could prove a strenuous task, say researchers and industry leaders.
Rayong Money Expo offers green loans
Life, Published on 06/09/2023
» The "Money Expo 2023 Rayong: Green Finance For Green Living" will bring a comprehensive range of financial and investment products and services to the eastern region at Central Rayong daily from 10am to 8pm, starting Friday to Sunday.
KBank appoints new president, restructures business operations
Business, Somruedi Banchongduang, Published on 29/08/2023
» Kasikornbank (KBank) has announced the appointment of a new president and co-president, along with a restructuring of its business operations under a spin-off strategy.
Krungsri targets rise in digital customers
Business, Somruedi Banchongduang, Published on 08/03/2023
» Krungsri Consumer, the unsecured loan unit under Bank of Ayudhya, aims to increase its customer base on digital platforms by 20% this year, aided by new digital service offerings.
Credit card firms to meet BoT as debt accumulates
Business, Somruedi Banchongduang, Published on 05/10/2022
» The Credit Card Club, a unit of the Thai Bankers' Association, plans to meet with the Bank of Thailand to share information about the credit card market to address the regulator's concerns over rising household debt stemming from unsecured loans.