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BUSINESS

KBank makes most of digital channel services

Business, Somruedi Banchongduang, Published on 23/04/2020

» Kasikornbank (KBank) aims to get a 37% surge in online financial transaction volume through its mobile banking app KPlus to 11.6 billion this year after tallying 700 million in the first quarter as the lockdown increased demand in the digital channel.

BUSINESS

BBL anticipates Chinese revival on state support

Business, Somruedi Banchongduang, Published on 13/03/2020

» Bangkok Bank (BBL) expects its banking business in China will gradually pick up on the heels of the improving coronavirus outbreak in the mainland and the Chinese government's assistance measures.

BUSINESS

TMB cites triple whammy to GDP

Business, Somruedi Banchongduang, Published on 06/02/2020

» The coronavirus epidemic, the delayed fiscal budget and the ongoing drought are estimated to shave nearly 280 billion baht off GDP, taking economic growth down to a range of 1.7-2.1%, according to TMB Analytics.

BUSINESS

Central bank unfazed by bad loans for property

Business, Somruedi Banchongduang, Published on 28/01/2020

» The Bank of Thailand is unconcerned about pre-finance loans for property developers and bad property loans, says a senior official, citing the sound financial condition of large developers.

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BUSINESS

KTB slams the brakes on auto loans

Business, Somruedi Banchongduang, Published on 04/06/2019

» Krungthai Bank (KTB) is halting its auto loan expansion amid heightened competition, saying the business is uncompetitive against rivals.

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BUSINESS

KTB handling NPLs via SME support

Business, Somruedi Banchongduang, Published on 29/05/2019

» Krungthai Bank (KTB) has closely monitored its small and medium-sized enterprise (SME) borrowers amid sluggish economic growth and focused on non-performing asset (NPAs) management to contain bad loans.

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BUSINESS

TBank delivers 5.4% net profit jump

Business, Somruedi Banchongduang, Published on 19/07/2017

» Thanachart Bank (TBank), a subsidiary of Thanachart Capital Plc (TCAP), posted a 5.4% year-on-year increase in unreviewed net profit for the second quarter, on the heels of higher quarterly earnings in the banking sector.