Showing 1 - 10 of 28
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
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.
Central bank's MPC predicts growth, with caveats
Business, Pawee Sirimai, Published on 12/10/2017
» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.
BAY targets 10.5% mortgage growth
Business, Pawee Sirimai, Published on 21/09/2017
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, aims for 10.5% growth in total mortgages this year, outperforming the industry's softer forecast of 6%.
TMB raises GDP forecast with caveat
Business, Pawee Sirimai, Published on 08/09/2017
» TMB Analytics has revised up its forecast for Thailand's full-year economic growth to 3.5% from 3.3% in the wake of robust exports. But TMB Bank's research house raised concerns about the concentration of economic activity in a few large corporations.
Refinn eyes website customer growth
Business, Pawee Sirimai, Published on 05/09/2017
» Refinn International Dot Com, a fintech refinancing startup, aims to handle 3.4 billion baht in mortgage refinancing via its website this year, despite recording just 1.3 billion in the first eight months.
Personal debt still hampers spending
Business, Pawee Sirimai, Published on 30/08/2017
» Even though household debt has been quite stable, massive leverage will continue to weigh on economic growth over the next few years, warns a high-ranking official at the Bank of Thailand.
Moody's warns of banking sector risks
Business, Pawee Sirimai, Published on 23/08/2017
» Thai banks still face a variety of risks, including high household debt, economic growth with high exposure to external demand and rising restructured loans, says Moody's Investors Service.
BoT sees Q4 peak for bad loans
Business, Pawee Sirimai, Published on 12/08/2017
» The Bank of Thailand expects the delinquency rate of bad loans to peak in the fourth quarter as a broader-based economic recovery and robust export growth take hold.
Debt relief for flood victims
Business, Pawee Sirimai, Published on 05/08/2017
» The Bank of Thailand has asked financial institutions under its supervision to ease debt repayment conditions for victims of floods that have ravaged several provinces in the northern, northeastern and central regions of the country.