Showing 1 - 10 of 59
Rever Leasing aims to lead EV loan market
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.
Four Thai banks shutter branches in Laos as costs mount
Business, Somruedi Banchongduang, Published on 31/08/2023
» Four large Thai banks have decided to close their branches in Laos, mainly attributed to tighter regulations and higher regulatory costs while business activities declined.
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
BoT sets out plan to issue up to 3 virtual banking licences
Business, Somruedi Banchongduang, Published on 13/01/2023
» The Bank of Thailand plans to grant up to three virtual banking licences in the first stage of its digital plans, and will allow both financial institutions and non-financial firms to apply.
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.
Cardless deposits banned at kiosks
Business, Somruedi Banchongduang, Published on 19/10/2022
» Depositors will only be able to use plastic cards at cash deposit machines (CDMs) under the Anti-Money Laundering Office's (Amlo) new regulations.
E.SUN unveils local office
Business, Somruedi Banchongduang, Published on 26/08/2022
» Taiwan's E.SUN Bank opened its first representative office in Bangkok on Tuesday, aiming to provide financial services for Taiwanese corporations.
Krungsri burgeoning beyond borders
Business, Somruedi Banchongduang, Published on 06/01/2022
» Krungsri, the marketing name of Bank of Ayudhya Plc (BAY), positions itself as a regional bank under its medium-term business plan.
KBank setting up branch in Vietnam
Business, Somruedi Banchongduang, Published on 09/02/2021
» Kasikornbank (KBank) is planning to open a branch in Vietnam's Ho Chi Minh City to expand the scope of its regional banking business in a high-growth economy, covering all loan segments.
KBank rejigs management team
Business, Somruedi Banchongduang, Published on 26/08/2020
» Kasikornbank (KBank) is adjusting its management team in preparation for post-pandemic conditions and to fill the void left by former co-president Predee Daochai.