Showing 21 - 30 of 1,833
Gulf consortium strongest virtual bank contender
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The consortium including Gulf Energy Development, Advanced Info Service (AIS), Krungthai Bank (KTB) and PTT Oil and Retail Business (OR) is the strongest contender among the applicants for a virtual bank licence, says Asia Plus Securities (ASPS).
Ministry seeks to boost SME funding
Business, Phusadee Arunmas, Published on 28/03/2024
» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.
Italian-Thai Development borrowing to weigh on banking profits
Business, Nuntawun Polkuamdee, Published on 23/03/2024
» The liquidity crunch facing Italian-Thai Development (ITD) may cause banks listed on the Stock Exchange of Thailand to lift debt provisions, while the net profit of four creditor banks may decrease this year if the amount lent to ITD becomes non-performing loans (NPLs), says Bualuang Securities (BLS).
Trio vie for virtual bank licences
Business, Published on 21/03/2024
» Three consortiums are expected to apply for virtual bank licences, as the application period for submissions to the Bank of Thailand (BoT) started on Wednesday, running to Sept 19.
The shape of finance to come
Business, Published on 18/03/2024
» Virtual banks are on the horizon after the Royal Gazette published on March 4 the criteria for companies applying for a licence.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
State leverages passion for Thai food
Business, Phusadee Arunmas, Published on 15/03/2024
» The Commerce Ministry is collaborating with the Tourism Authority of Thailand to launch the "Travel, Taste, Eat Thai SELECT" campaign as part of the government's soft power policy.
Public snaps up savings bonds worth B35bn
Business, Wichit Chantanusornsiri, Published on 15/03/2024
» Government savings bonds worth 35 billion baht were bought by the public, with the portion sold through Krungthai Bank's Pao Tang mobile app selling out within seconds.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.