Showing 1 - 9 of 9
Beating back debt beasties
Business, Somruedi Banchongduang, Published on 12/11/2018
» A recent news item captured public attention about a female school director in Kamphaeng Phet province who guaranteed student loan fund (SLF) debt for her 60 students, 21 of whom defaulted. After her finances ran dry, the court ordered seizure of her assets, a stark reminder that debt can ruin even a guarantor's life.
Digital Ventures secures fresh funds for China plays
Business, Somruedi Banchongduang, Published on 08/11/2018
» Digital Ventures Co Ltd (DV), a corporate venture capital arm of Siam Commercial Bank, has raised a further US$50 million (1.64 billion baht) in funds for technology investment in China.
KBank revamps complaint tools
Business, Somruedi Banchongduang, Published on 01/09/2018
» Kasikornbank (KBank) wants to lower customer complaints by 20% this year after revamping its contact centre to help clients solve their financial transaction-related problems.
SAM arranging debt collection unit
Business, Somruedi Banchongduang, Published on 19/04/2017
» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.
Loan demand expected to raise rates
Business, Somruedi Banchongduang, Published on 06/01/2017
» Banks' lending rates are expected to start rising in the second half of this year due to stronger loan demand prompted by the improving economy and accelerated state investment in big-ticket infrastructure projects, says TMB Bank's chief.
State splurge on energy, digital sectors
Business, Somruedi Banchongduang, Published on 09/06/2016
» The government is set to splurge more trillions of baht on the energy and digital sectors in the coming years to kick-start private investment and maintain growth momentum.
Srisawad keeps NPLs low
Business, Somruedi Banchongduang, Published on 06/05/2014
» Prudent risk management and a close relationship with its borrowers has helped Srisawad Ngern Tid Lor (Money on Wheel) prevent bad loans during a tough economy, despite many borrowers living hand-to-mouth, says the company's head.
KBank sets sights on 9 booming provinces
Business, Somruedi Banchongduang, Published on 24/05/2012
» Kasikornbank (KBank) is aggressively expanding its business, focusing on nine large provinces to tap demographic change and urbanisation, says executive vice-president Vasin Vanichvoranun.
Mortgage sector faces major changes in approval criteria
Business, Somruedi Banchongduang, Published on 02/01/2012
» The mortgage sector, both pre- and post-finance, will likely change significantly following the flood crisis as banks re-adjust their debt-approval criteria.