Showing 1 - 10 of 57
Rising rates sustain gains in banks' profits
Business, Somruedi Banchongduang, Published on 23/01/2023
» The trend of rising interest rates supported net profit growth among Thai banks last year, while the banking industry saw strong demand for loans in line with the country's economic recovery.
Central bank raises interest rate
Business, Somruedi Banchongduang, Published on 11/08/2022
» The Bank of Thailand raised its key interest rate for the first time in nearly four years yesterday in an effort to wrestle control over surging inflation as the economic recovery gains momentum.
BoT demonstrates economic gains despite inflation spike
Business, Somruedi Banchongduang, Published on 01/07/2022
» Thailand's economy has continued to rebound, reflected by better signals in the May economic data, despite a sharp spike in the inflation rate, according to the Bank of Thailand.
Central The1 Credit Card eyes double-digit gains
Business, Somruedi Banchongduang, Published on 01/06/2022
» Central The 1 credit card, a co-branded card from Bank of Ayudhya (Krungsri) and Central Group, is aiming for double-digit growth in all areas this year thanks to higher consumer spending in the upper-income segment.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
CTBC banking on Thai SMEs
Business, Somruedi Banchongduang, Published on 10/08/2021
» Taiwan-based CTBC Bank (CTBC), a major shareholder of Land and Houses Bank (LH Bank), sees high growth potential of Thai small and medium-sized enterprises (SMEs) in the long term, though the SME segment is still facing hardships amid the pandemic, LH Bank president Chompoonoot Pathomporn said in an exclusive interview with the Bangkok Post.
Research houses predict export growth
Business, Somruedi Banchongduang, Published on 28/07/2021
» Research houses have upgraded growth projections for Thai exports after shipments recorded high levels in June because of the global economic recovery.
Ten listed banks declare dividend payments
Business, Somruedi Banchongduang, Published on 11/03/2021
» A total of 10 SET-listed commercial banks have announced dividend payments for 2020 under the Bank of Thailand's guided dividend payment policy to maintain a solid capital buffer for the commercial banking industry.
KBank marks overseas gains
Business, Somruedi Banchongduang, Published on 20/08/2020
» Kasikornbank (KBank), the country's largest lender by total assets, booked healthy growth for its international banking business for the first half, contrasted by lower growth for the domestic banking unit.
SCB, KTB announce H1 profit declines
Business, Somruedi Banchongduang, Published on 22/07/2020
» First-half operating results for two SET-listed financial institutions saw lower net profit and higher bad-loan ratios, in line with most commercial banks' disappointing results as the pandemic took a bite out of their fortunes.