Showing 31 - 40 of 66
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.
Citi bullish on plastic card spending
Business, Somruedi Banchongduang, Published on 12/09/2018
» Citi Thailand aims for a low double-digit growth in its credit card spending this year, well above the industry's estimate of mid-single digits.
Q2 showing likely eclipsed Q1
Business, Somruedi Banchongduang, Published on 01/08/2018
» The country's second-quarter economic growth outpaced the 4.8% rate in the first quarter, propelled by robust exports and stronger domestic investment and consumption, says a senior central bank official.
SCB takes Q2 profit hit on online transaction fee cut
Business, Somruedi Banchongduang, Published on 20/07/2018
» Siam Commercial Bank (SCB) posted a 6.7% lower net profit year-on-year for the second quarter as the waiver of online transaction fees took a bite out of its bottom line.
KBank tailors approach for QR boost
Business, Somruedi Banchongduang, Published on 11/07/2018
» Kasikornbank (KBank), the country's third-largest bank by assets, has adjusted its business strategy in an attempt to boost QR code payment use as the digital payment channel slowly gains ground.
KBank digital lending busts out of the gate
Business, Somruedi Banchongduang, Published on 30/05/2018
» Kasikornbank's (KBank) digital lending got off to a good start with 500 million baht worth of unsecured loans being extended to individuals and small and medium-sized enterprises (SMEs) in the first quarter.
CIMBT envisions massive profit uptick to B12-15bn
Business, Somruedi Banchongduang, Published on 06/03/2018
» CIMB Thai Bank (CIMBT) aims to dramatically boost its pre-provision operating profit (PPOP) to a range of 12-15 billion baht, hoping to meet its goal of upgrading to a mid-tier bank under its mid-term business plan through 2021.
BoT to keep a lid on baht interventions
Business, Somruedi Banchongduang, Published on 21/02/2018
» The Bank of Thailand is expected to scale back its interventions in the foreign exchange market amid concerns they could prompt the wrath of the US and place Thailand on a currency manipulation watchlist, says a Kasikornbank (KBank) senior executive.
Tisco Bank pumps brake on loan gains
Business, Somruedi Banchongduang, Published on 17/01/2018
» With concerns over high household debt and an uptick in bad loans, Tisco Bank has set a conservative loan growth target of 5% this year, far below the 11.8% loan growth it recorded last year, partly driven by a 33-billion-baht retail loan transferred from Standard Chartered Bank (Thai) (SCBT).
LHFG Q4 net profit gains, impairment dips
Business, Somruedi Banchongduang, Published on 16/01/2018
» Land and Houses Financial Group Plc (LHFG), the parent of LH Bank, has delivered a 16.8% year-on-year increase in its unaudited net profit during the three months to December, largely helped by a sharp decline in impairment charges for credit losses.