Showing 1 - 10 of 23
Bad loans set to surge at banks in Q1
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.
KBank unit urges flight to risky assets
Business, Somruedi Banchongduang, Published on 28/01/2021
» Kasikorn Private Banking (KPB), Kasikornbank's private banking unit, plans to increase its asset allocation portion of global risk-weighted assets to generate better returns for high net worth customers.
Corporate bond issuance plunges
Business, Somruedi Banchongduang, Published on 19/05/2020
» New corporate bond issuance has plummeted 41.9% from a year earlier for the four months through April as the coronavirus outbreak dents demand, according to an executive at Kasikornbank (KBank).
9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
TMB Bank says no more fixed-income funds will fold
Business, Somruedi Banchongduang, Published on 28/03/2020
» TMB Bank, which holds a 35% stake in TMBAM Eastspring, clarified that no more fixed-income funds under its affiliates' management will be scrapped after a wave of redemptions prompted the mutual fund firm to terminate four funds.
BoT facility aims to help mutual funds
Business, Somruedi Banchongduang, Published on 25/03/2020
» The Bank of Thailand has expanded the scope of a special credit facility to provide liquidity to mutual funds by allowing banks to repurchase all money market and daily fixed-income funds, but the central bank will repurchase only underlying assets that meet its requirements.
BoT: Loan growth may lag GDP uptick in 2020
Business, Somruedi Banchongduang, Published on 18/02/2020
» Banking loan growth could slow to levels below economic growth, while the bad loan ratio is expected to surpass 3% this year as the economy falters, says a senior official at the central bank.
Fragile residential market presaged
Business, Somruedi Banchongduang, Published on 06/07/2018
» A higher ratio of new mortgages with loan-to-value (LTV) rates exceeding 90%, the increasing loan-to-income (LTI) proportion and deteriorating bad mortgage rates all point to the residential property market's fragility, warns the Bank of Thailand's Monetary Policy Committee and Financial Institutions Policy Committee.
Rich clients drive growth at CIMBT
Business, Somruedi Banchongduang, Published on 18/11/2017
» CIMB Thai Bank (CIMBT) aims for 40% growth in fee income from its wealth management business next year amid higher investment demand from high-net-worth customers.