Showing 21 - 30 of 101
KTB speeds up branch consolidation plan
Business, Somruedi Banchongduang, Published on 15/06/2020
» Krungthai Bank (KTB) plans to accelerate its branch downsizing and consolidation schedule for 80-100 sites this year, aiming to maintain half of existing staff by having them work from home to adapt to post-pandemic behaviour.
NCB: Lenders' NPL ratio rises to 8.1%
Business, Somruedi Banchongduang, Published on 13/05/2020
» The National Credit Bureau's 104 members saw an upsurge in non-performing loan (NPL) ratio to 8.1% at the end of March from 6.8% a year earlier as headwinds such as the coronavirus outbreak took hold, says the NCB.
Lockdown builds Krungsri portfolio
Business, Somruedi Banchongduang, Published on 05/05/2020
» Staying at home is making consumers rely more heavily on online, particularly the food delivery business, and Bank of Ayudhya's (BAY) lending service for Grab users is reaping a windfall.
TBA puts losses from coronavirus at B1.3tn
Business, Somruedi Banchongduang, Published on 15/04/2020
» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).
Digital banking surges in sea change
Business, Somruedi Banchongduang, Published on 14/04/2020
» The pandemic has ravaged businesses and forced social distancing, spiking demand for remote and digital services as well as online banking.
BBL seeks digital boost from Permata
Business, Somruedi Banchongduang, Published on 07/03/2020
» Bangkok Bank (BBL) is aiming for significant growth in the digital banking business in Indonesia after its acquisition of PT Bank Permata.
Bank of Thailand prepared to ease LTV constraints
Business, Somruedi Banchongduang, Published on 08/01/2020
» The Bank of Thailand stands ready to further ease the loan-to-value (LTV) regulations governing mortgage lending in areas that are considered harmful to homebuyers, says the central bank's chief.
KBank seeks modest home loan growth
Business, Somruedi Banchongduang, Published on 04/01/2020
» Kasikornbank (KBank) aims for low-double-digit mortgage growth this year, driven by online vendors and the freelance market, which offer vast business opportunities with low competition.
Big banks see strong growth in mortgages
Business, Somruedi Banchongduang, Published on 28/10/2019
» Even though property developers are crying foul over the central bank's tougher loan-to-value (LTV) requirement, some commercial lenders, particularly large ones, still delivered strong mortgage lending growth for the first nine months.
Second mortgages fall hard after LTV curbs tame market
Business, Somruedi Banchongduang, Published on 11/10/2019
» Second and subsequent new mortgages, particularly for condo purchases, plunged 39% year-on-year in the three months to June after the central bank's tougher loan-to-value (LTV) regulations came into force in April.