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THAILAND

HSBC Thailand taps global connectivity

News, Somruedi Banchongduang, Published on 25/10/2023

» HSBC Thailand is leveraging its global connectivity and investment expertise to help both Thai and international clients grow their businesses worldwide, while maintaining a long-term commitment to expanding the bank's business in the Thai market.

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THAILAND

Tisco looks to auto hire-purchase loans

Business, Somruedi Banchongduang, Published on 17/01/2023

» Tisco Bank is looking to acquire a new retail loan portfolio and sees greater opportunity in the auto hire-purchase loan segment as some business operators may be impacted by the new regulations pertaining to the ceiling interest rate of hire-purchase loans.

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THAILAND

Aiming for inclusion

News, Somruedi Banchongduang, Published on 22/03/2021

» After less than a year at the helm of Kasikornbank (KBank) as chief executive, Kattiya Indaravijaya says it is too early to discuss her achievements.

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THAILAND

BoT warns dust will soon hit tourism

Business, Somruedi Banchongduang, Published on 01/02/2019

» Even though the persistent toxic haze caused by ultra-fine dust particles shrouding Bangkok and its vicinity has not yet taken a toll on the tourism sector, an impact is inevitable if the pollution is prolonged, says a senior official at the central bank.

THAILAND

Thai Bankers' Association warns over phishing

Business, Somruedi Banchongduang, Published on 25/01/2019

» The Thai Bankers' Association (TBA) is warning of phishing scams affecting a wide range of local banks, though it says the number of phishing victims is still minimal.

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THAILAND

Rumours of new fees raise concerns

Business, Somruedi Banchongduang, Published on 05/12/2018

» The chairman of the Thai Bankers' Association has rushed to soothe jitters, saying proposed fees for cash transactions have not been decided and are awaiting review by the central bank.

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THAILAND

Bangkok Bank predicts digital normal

Business, Somruedi Banchongduang, Published on 03/12/2018

» Bangkok Bank (BBL) expects most basic banking transactions to be made over the digital channel within the next three years.

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THAILAND

Survey: Young borrowers pose higher risk

Business, Somruedi Banchongduang, Published on 23/03/2018

» Credit card and auto loans secured by individual borrowers aged below 25 and those living in major cities pose a higher risk to asset quality, says the central bank's think tank.

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THAILAND

PromptPay 'Y2 18' glitch delays cash transfers

News, Somruedi Banchongduang, Published on 01/01/2018

» Users of the national e-payments system, PromptPay, were left frustrated Sunday when computer glitches related to the formatting of the calendar changing to 2018 held their cash hostage for about eight hours.

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THAILAND

Half of Thais can't carry on financially after retirement

Business, Somruedi Banchongduang, Published on 18/07/2017

» Half of the Thai population does not have enough savings for a comfortable post-retirement life as they are mired in high debt -- an alarming sign as the country moves towards an ageing society.