Showing 1 - 10 of 339
Banks consider new fees to reflect expenses
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Thai Bankers' Association (TBA) is mulling a new fee structure for the industry, with higher service costs for banks possibly passed on to customers.
BoT zeroes in on cash transaction fees
Business, Somruedi Banchongduang, Published on 02/05/2023
» As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.
SCB aims to use joint venture for growth
Business, Somruedi Banchongduang, Published on 28/04/2023
» Siam Commercial Bank (SCB) plans to expand its wealth management customer base by 12% per year for the next 3-5 years, hoping to raise its fee-based income.
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.
Using digital tech, SCB X eyes virtual bank licence
Business, Somruedi Banchongduang, Published on 08/04/2023
» SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.
LHFG to expand Taiwan loan portfolio
Business, Somruedi Banchongduang, Published on 03/03/2023
» Land and Houses Financial Business Group (LHFG), a holding company of LH Bank, aims to grow its Taiwanese banking business more aggressively this year, boosted by manufacturing relocation by multinational and Taiwanese firms to Asean amid deglobalisation.
Local banks forecast to move this week
Business, Somruedi Banchongduang, Published on 08/12/2022
» Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.
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.
Robinhood shifts emphasis to financial services arena
Business, Somruedi Banchongduang, Published on 17/10/2022
» Robinhood, an application for an on-demand delivery service platform under SCB X, plans to apply for two financial business licences that are expected to generate core income over the long term.