Showing 1 - 10 of 172
Business, Somruedi Banchongduang, Published on 23/05/2024
» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Business, Somruedi Banchongduang, Published on 01/05/2024
» International bank Citi is planning to support medium-sized enterprises in Thailand and Asia as they venture into overseas markets, leveraging burgeoning opportunities as the region's economies grow rapidly.
Business, Somruedi Banchongduang, Published on 20/04/2024
» Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Business, Somruedi Banchongduang, Published on 06/03/2024
» Despite a higher level of non-performing loans (NPLs) in the industry, TMBThanachart Bank (ttb) has no plans to sell its bad debts this year as potential buyers are offering relatively low prices.
Business, Somruedi Banchongduang, Published on 10/02/2024
» The Bank of Thailand is concerned about the weaker competitiveness of local small businesses amid an influx of cheap Chinese imports.
Business, Somruedi Banchongduang, Published on 06/02/2024
» SET-listed Bangkok Commercial Asset Management (BAM) expects banks to see lower auction prices for bad debt sales this year because of higher supply amid a sluggish economy.
Business, Somruedi Banchongduang, Published on 19/01/2024
» The Bank of Thailand (BoT) believes the risk of corporate bond rollover this year is limited despite higher interest rates, meaning it should not impact systemic risk.
Business, Somruedi Banchongduang, Published on 18/01/2024
» The Bank of Thailand is prohibiting fees for debt prepayment and debt restructuring for all consumer loan products under the new responsible lending (RL) regulation.