Showing 31 - 40 of 181
EIC downgrades growth forecast for 2023
Business, Somruedi Banchongduang, Published on 29/11/2022
» The Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank, has slashed its 2023 GDP growth projection for Thailand due to the global economic slowdown and the increased likelihood of a recession in developed economies.
TMBThanachart Bank anticipates loan interest rate rise
Business, Somruedi Banchongduang, Published on 05/11/2022
» TMBThanachart Bank (ttb) expects to increase its loan interest rates by at least 0.5-0.6% next year, in line with the Bank of Thailand's monetary policy normalisation.
Bank of Thailand continues push for digital currency
Business, Somruedi Banchongduang, Published on 29/10/2022
» The Bank of Thailand (BoT) plans to take more time to develop its retail central bank digital currency (CBDC) to ensure it offers additional benefits to the financial system with good risk management.
Central bank tackling rise in unsecured loans
Business, Somruedi Banchongduang, Published on 04/10/2022
» The Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP.
Banks push regulators to ease FIDF fees
Business, Somruedi Banchongduang, Published on 08/09/2022
» The Thai Bankers' Association (TBA) has discussed with regulators further easing of banks' contributions to the Financial Institution Development Fund (FIDF) as interest rates rise.
E.SUN unveils local office
Business, Somruedi Banchongduang, Published on 26/08/2022
» Taiwan's E.SUN Bank opened its first representative office in Bangkok on Tuesday, aiming to provide financial services for Taiwanese corporations.
Green lending under BoT scrutiny
Business, Somruedi Banchongduang, Published on 24/08/2022
» Financial institutions are expected to report their environmental loan strategies and related targets to the Bank of Thailand from next year as the country attempts to transition to a green economy.
KBank unveils Vietnamese expansion plan
Business, Somruedi Banchongduang, Published on 05/08/2022
» Kasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam.
KBank eyes asset management partners
Business, Somruedi Banchongduang, Published on 27/07/2022
» Major local banks are seeking joint venture partnerships for their asset management businesses to strengthen long-term growth.
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.