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Showing 1 - 10 of 46

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INVESTMENT

Gulf quashes KBank takeover rumour as stake increases

Business, Somruedi Banchongduang, Published on 26/04/2024

» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.

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GENERAL

KBank appoints new president, restructures business operations

Business, Somruedi Banchongduang, Published on 29/08/2023

» Kasikornbank (KBank) has announced the appointment of a new president and co-president, along with a restructuring of its business operations under a spin-off strategy.

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GENERAL

Growth in mortgages slim in H1

Business, Somruedi Banchongduang, Published on 29/07/2023

» Banks booked marginal growth in mortgage loans for the first half of this year as rising interest rates weakened the purchasing power of homebuyers.

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GENERAL

Banks post 15% profit growth in first half

Business, Somruedi Banchongduang, Published on 25/07/2023

» Rising interest rates boosted banks' earnings in the first half with more than 15% net profit growth.

BUSINESS

Digital lenders target strong growth this year

Business, Somruedi Banchongduang, Published on 10/02/2023

» Digital lending service providers are aiming for strong loan growth and business expansion this year.

BUSINESS

Central bank tackling rise in unsecured loans

Business, Somruedi Banchongduang, Published on 04/10/2022

» The Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP.

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BUSINESS

Easy loans for all

Business, Somruedi Banchongduang, Published on 08/08/2022

» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.

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BUSINESS

Digital lending pays off for banks as platforms expand rapidly

Business, Somruedi Banchongduang, Published on 20/07/2022

» Digital lending platforms run by the large commercial banking groups Kasikornbank (KBank) and SCB X are posting strong growth, in line with changing consumer behaviour in the digital era.

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LIFE

Owed a real debt of gratitude

News, Somruedi Banchongduang, Published on 22/03/2022

» Nayanee Peaugkham, 54, has spent more than 20 years honing her experience in financial services.

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BUSINESS

Krungsri Consumer preps new service

Business, Somruedi Banchongduang, Published on 15/03/2022

» Krungsri Consumer, the unsecured loan unit under Bank of Ayudhya (BAY) that uses the marketing name Krungsri, plans to offer a new credit card service for customers to enable them to purchase goods first and pay the loan later.