Showing 1 - 10 of 237
BAM eager to keep lead in distressed assets sector
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Krungsri keen for retail regional push
Business, Somruedi Banchongduang, Published on 02/02/2024
» Krungsri (Bank of Ayudhya) plans to expand its retail banking business in regional markets because of the high growth potential of Southeast Asian economies.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
Pundits predict BoT rate cut in H2
Business, Somruedi Banchongduang, Published on 09/01/2024
» Economists predict the Bank of Thailand (BoT) will start to cut its policy rate in the second half to 2% in line with the country's economic situation and based on the assumption of a United States Federal Reserve (Fed) policy rate cut in the second quarter.
Local banks consider regional expansion
Business, Somruedi Banchongduang, Published on 14/11/2023
» Large local banks are mulling regional expansion next year because of high growth potential.
SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
Governor says BoT poised to handle baht volatility
Business, Somruedi Banchongduang, Published on 05/10/2023
» The Bank of Thailand is ready to handle baht volatility if fluctuations exceed the country's economic fundamentals, says the central bank's chief.
In shift to commercial bank, Thai Credit Retail Bank sets IPO plan
Business, Somruedi Banchongduang, Published on 01/09/2023
» Thai Credit Retail Bank (TCRB) has become a commercial bank, allowing it to offer a full range of financial services.
HSBC wealth division looks to Asean for regional growth
Business, Somruedi Banchongduang, Published on 25/08/2023
» HSBC Global Private Banking is leveraging its international connectivity and investment expertise to meet the increasingly sophisticated and international needs of its high net worth clients in Thailand.