Showing 41 - 50 of 66
BoT ready to curb baht if needed
Business, Somruedi Banchongduang, Published on 06/01/2018
» The Bank of Thailand on Friday issued a verbal intervention, saying it is ready to rein in the baht if the currency strengthens so rapidly that the private sector is damaged.
MPC committee keeps policy rate unchanged
Business, Somruedi Banchongduang, Published on 21/12/2017
» The Bank of Thailand's rate-setting committee left the policy rate unchanged yesterday as widely expected, while marginally upgrading its economic growth forecast to 3.9% for both this year and the next as the economy gains further traction.
BAY's SME loan growth beats forecast
Business, Somruedi Banchongduang, Published on 01/09/2017
» Bank of Ayudhya (BAY) says its small and medium-sized enterprise (SME) loans during the first six months expanded at a faster pace than expected, outpacing industry-wide gains, largely due to loan growth for supply chains and trade finance.
BAY aims for 11% growth
Business, Somruedi Banchongduang, Published on 21/03/2017
» Bank of Ayudhya (BAY) seeks aggressive retail loan growth of 11% this year, largely from mortgages, auto loans and microfinance.
Bank targets recovery of non-interest income
Business, Somruedi Banchongduang, Published on 25/01/2017
» Siam Commercial Bank (SCB) aims to increase its non-interest rate income (non-NII) by 3-4% this year after a 17.5% decline in 2016.
Thai banks sets sights on cross-border payment services
Business, Somruedi Banchongduang, Published on 05/12/2016
» With Thailand's geographic advantage for trade and investment in Asean, local banks are keen to flex their muscles in the cross-border payment business, particularly in neighbouring markets.
SCB and TBank post Q3 profits
Business, Somruedi Banchongduang, Published on 19/10/2016
» Siam Commercial Bank's (SCB) unreviewed consolidated net profit shot up 27.9% year-on-year, due largely to the sharp decline in impairment charges and higher net interest income.
KBank posts net profit jump
Business, Somruedi Banchongduang, Published on 15/10/2016
» Kasikornbank (KBank), the country's fourth-largest lender by assets, delivered a 7.3% year-on-year increase in net profit in the third quarter, largely from higher investment gains and lower impairment charges.
Fighting cyberthieves
Business, Somruedi Banchongduang, Published on 03/10/2016
» Sending money and paying utility bills used to require a trip down to the bank during office hours. Today, thanks to smartphones and tablets, those same tasks can be done anytime and anywhere through websites or mobile financial apps.
Big auto lenders post gains on rate cuts
Business, Somruedi Banchongduang, Published on 26/07/2016
» Key auto lenders have booked stronger net interest income for the first half of the year, thanks to better cost management aided by policy rate cuts.