Showing 1 - 10 of 31
Credit bureau chief clarifies changes to blacklist rules
Business, Somruedi Banchongduang, Published on 31/05/2024
» The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.
Banks put the brakes on loan growth
Business, Somruedi Banchongduang, Published on 02/08/2023
» Banks are tightening their loan growth in the second half of this year because of global economic uncertainty and Thailand's uneven recovery.
Banks hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.
BoT poised to raise rate by quarter-point
Business, Somruedi Banchongduang, Published on 27/03/2023
» The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.
BoT to hold hearings on virtual bank licences
Business, Somruedi Banchongduang, Published on 15/10/2022
» The Bank of Thailand plans to hold a public hearing about virtual bank licensing early next year, in a move to expand access to financial services for underbanked and unbanked consumers.
Innovest X rebrands with emphasis on Asean
Business, Somruedi Banchongduang, Published on 08/10/2022
» Innovest X Securities Co Ltd, an investment platform under SCB X, says it aims to become a top-five operator in Asean in terms of valuation within three years, while also expanding its customer base to up to 5 million.
SCB X allocates $50m for Indonesia's BJJ
Business, Somruedi Banchongduang, Published on 21/09/2022
» SCB X, a holding company of Siam Commercial Bank and SCB X Group, has invested US$50 million via an indirect investment in Indonesia-based Bank Jasa Jakarta (BJJ) through WeLab Sky as part of SCB X's strategy to become a regional financial technology group.
Ambitious JK AMC targets pole position
Business, Somruedi Banchongduang, Published on 30/06/2022
» JK Asset Management (JK AMC), a joint venture forged by Kasikornbank (KBank) and JMT Network Services, has set an ambitious goal to become the country's No.1 asset management company, with bad assets of 100 billion baht under its management by 2025.
KBank to transform Make app into digital bank
Business, Somruedi Banchongduang, Published on 15/06/2022
» Kasikornbank (KBank) plans to turn its Make by KBank mobile banking app into a purely digital bank and apply for a virtual banking licence from the Bank of Thailand (BoT).
BoT strategy needs clearer objectives
Business, Somruedi Banchongduang, Published on 25/02/2022
» The private sector agrees with the Bank of Thailand's planned financial landscape that aims to create a sustainable digital economy, but the plan requires clearer objectives in certain areas.