Showing 11 - 18 of 18
Energy Earth rehab plan voted forward
Business, Somruedi Banchongduang, Published on 04/08/2018
» Two-thirds of the creditors for SET-listed Energy Earth Plc have voted in favour of approving the company's business rehabilitation plan, says Krungthai Bank (KTB) President Payong Srivanich.
Next meeting for EARTH creditors set
Business, Somruedi Banchongduang, Published on 15/06/2018
» A creditor meeting to consider the business rehabilitation plan of Energy Earth Plc (EARTH) is scheduled for Aug 2 after the Central Bankruptcy Court ordered a reclassification for Kasikornbank (KBank), with a principal amount of 825 million baht as a secured creditor.
KTB net profit takes mighty tumble
Business, Somruedi Banchongduang, Published on 23/01/2018
» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.
KTB wary of profits after IFRS9 rejig
Business, Somruedi Banchongduang, Published on 26/12/2017
» Krungthai Bank (KTB) has warned that adopting the International Financial Reporting Standard (IFRS) Version 9 could cause a blow to the bank's profit in 2018, as the new accounting standard requires larger provisioning expenses to cover potential losses from loans.
KTB plays waiting game on Energy Earth
Business, Somruedi Banchongduang, Published on 12/09/2017
» State-owned Krungthai Bank (KTB), Energy Earth Plc's largest creditor, is waiting for the debtor's special audit report on its sources of debt before making a decision on the cash-strapped coal trader's business rehabilitation plan, its chief says.
Creditors undecided on Energy Earth rehab plan
Business, Somruedi Banchongduang, Published on 24/08/2017
» Energy Earth Plc (EARTH)'s creditors have not reached a conclusion on whether they will vote in favour of the business rehabilitation plan proposed by the cash-strapped coal trader, says the head of Krungthai Bank (KTB).
KTB warning on Q2 profit
Business, Somruedi Banchongduang, Published on 13/07/2017
» Krungthai Bank (KTB) says its full provisions for loan losses concerning beleaguered Energy Earth Plc, coupled with a recent cut in the lending rate, took a bite out of second-quarter net profits for the country's second-largest lender by assets.
Lounge wizards
Business, Somruedi Banchongduang, Published on 05/03/2012
» On the 12th floor of the newly opened Sofitel So Bangkok hotel on North Sathon Road, high-net-worth customers can gather in 900 square metres of space to receive unique financial and non-financial services from Kasikornbank.