Showing 1 - 7 of 7
BoT gives nod to inter-bank bill pay
Business, Pawee Sirimai, Published on 18/11/2017
» The Bank of Thailand has permitted banks to launch cross-bank bill payment through the PromptPay service, with lowered fees of up to five baht per transaction for those made online and at ATMs, while credit-card-based quick response (QR) code payment is expected to be introduced commercially by the first quarter of next year.
BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
Escaping the debt trap
Business, Pawee Sirimai, Published on 24/07/2017
» People with more debt payment to make monthly than what they can afford could easily get into a deeper hole without proper help and planning.
EDC terminal installation misses mark
Business, Pawee Sirimai, Published on 09/06/2017
» The government's plan to completely install 560,000 credit and debit card-swiping terminals by the first quarter of next year could be delayed, says a senior Bank of Thailand official.
Fintech eats into bank branch figures
Business, Pawee Sirimai, Published on 23/03/2017
» Fast-growing fintech is shifting consumer behaviour towards the digital banking channel and forcing commercial banks to pare down their brick-and-mortar branch networks, says a Bank of Thailand senior official.
Official: Baht surge fits fundamentals
Business, Pawee Sirimai, Published on 21/03/2017
» The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.
SCB sees hope in bad loans
Business, Pawee Sirimai, Published on 03/09/2016
» Siam Commercial Bank (SCB), the country’s third-largest lender by assets, has set aside the quarterly normalised provisions of 5 billion baht and planned to maintain its loan-loss coverage ratio of at least 130%.