Showing 1 - 10 of 13
SCB, Krungthai prepare for potential Italian-Thai loan losses
Business, Somruedi Banchongduang, Published on 10/04/2024
» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.
KTB targets virtual banking, wealth tech
Business, Somruedi Banchongduang, Published on 05/04/2023
» Krungthai Bank (KTB) is gearing up for S-curve growth in the virtual banking and wealth tech sectors over the next five years.
Silver lining in the debt deluge
Business, Somruedi Banchongduang, Published on 19/02/2022
» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.
Titans of industry up growth outlook
Business, Somruedi Banchongduang, Published on 02/09/2021
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes new daily infections peaked in August and upgraded its economic growth projection for the country as a result.
KBank retooling 2020 targets
Business, Somruedi Banchongduang, Published on 08/04/2020
» Kasikornbank (KBank) will likely revise financial targets this year after the bank's research unit estimated that the economy will shrink 5% in 2020 amid the coronavirus pandemic, said KBank chief executive Kattiya Indaravijaya.
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.
BAY cuts a deal to gain access to Grab clients
Business, Somruedi Banchongduang, Published on 24/02/2020
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, will take part in parent Mitsubishi UFJ Financial Group's (MUFG's) massive investment deal in Grab, in a move to gain greater access to customers through the Southeast Asian ride-hailing giant's platform.
SCB wants Myanmar licence
Business, Somruedi Banchongduang, Published on 16/01/2020
» Siam Commercial Bank is seeking approval from the Central Bank of Myanmar (CBM) to upgrade SCB's representative office to operate under a bank subsidiary licence in the neighbouring country.
BSR secures lending deal for rail lines
Business, Somruedi Banchongduang, Published on 09/10/2017
» Three large banks -- Bangkok Bank (BBL), Krungthai Bank and Siam Commercial Bank -- are set to sign a syndicated loan contract with BSR Joint Venture in the next week or so to finance the construction of the Pink and Yellow monorail lines.
BAY tests Cambodian waters
Business, Somruedi Banchongduang, Published on 12/06/2017
» Bank of Ayudhya (BAY), Thailand's fifth-largest lender by assets, is exploring business opportunities for its unsecured car and motorcycle loans in Cambodia.