Showing 1 - 7 of 7
An appointment three decades in the making
Business, Somruedi Banchongduang, Published on 04/07/2020
» The proverb "what is fated to be yours will always return to you" holds true in the case of Kattiya Indaravijaya. When she was asked about her desired job on her application form at Kasikornbank (KBank) more than 30 years ago, she filled in "CEO". And now the dream has become real.
Banking trio announce uneven Q1 results
Business, Somruedi Banchongduang, Published on 21/04/2020
» The unaudited consolidated net profit of three commercial banks -- Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group -- were mixed for the first quarter, with most recording a bad loan uptick, while SCB's chief warned Covid-19 impacts will be apparent in future quarters.
TCRB sees drop in bad loans
Business, Somruedi Banchongduang, Published on 29/07/2019
» Even though low-income earners are considered higher risk and they are reeling from the country's weaker economy, Thai Credit Retail Bank (TCRB), whose main customers are low-income earners, saw a dip in its bad loan ratio thanks to better financial discipline.
Listed banks see Q3 net profit rise
Business, Somruedi Banchongduang, Published on 20/10/2018
» Eleven SET-listed commercial banks delivered a 14.7% year-on-year increase in unreviewed aggregated net profit for the three months through September, largely boosted by lower loan-loss provisions, higher net interest income and TMB Bank's one-time gain of 11.8 billion baht from the divestment of a 65% stake in its asset management subsidiary.
Most listed banks post higher Q2 profit
Business, Somruedi Banchongduang, Published on 21/07/2018
» Most of the 11 SET-listed banks managed to deliver a higher net profit in the second quarter, though the waiver of online transaction fees dealt a blow to fee and service income.
SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.
Banks eye slice of e-payment pie
Business, Somruedi Banchongduang, Published on 28/12/2016
» As PromptPay, a cheaper internet and mobile banking transfer service under the national e-payment scheme, is poised to kick off in the first quarter of 2017, commercial banks are pushing ahead with developing their own, more advanced, digital banking services in a bid to prevent a sharp drop in their transfer fee income.