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Showing 1 - 10 of 18

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GENERAL

BoT monitors fundraising after rate hikes

Business, Somruedi Banchongduang, Published on 14/12/2023

» The Bank of Thailand plans to closely monitor the fundraising ability of the business sector following tighter financial conditions related to interest rate hikes.

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GENERAL

How interest rates affect household debt

Business, Somruedi Banchongduang, Published on 09/11/2023

» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.

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BUSINESS

Companies depositing less with banks

Business, Somruedi Banchongduang, Published on 05/05/2021

» Liquidity in the domestic banking sector has been declining due to higher deposit withdrawals from business operators attempting to cope with the impact of the prolonged pandemic.

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BUSINESS

TGH's chief takes firm to new terrain

Business, Somruedi Banchongduang, Published on 06/03/2021

» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.

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BUSINESS

BoT rules out IMF help, cites fundamentals

Business, Somruedi Banchongduang, Published on 21/07/2020

» Thailand does not need financial assistance from the IMF during the pandemic because of the country's strong economic fundamentals and the financial sector, says the Bank of Thailand.

BUSINESS

SCB foresees lower NPL ratio for SMEs

Business, Somruedi Banchongduang, Published on 26/02/2020

» Siam Commercial Bank (SCB) expects its bad-loan ratio for small and medium-sized enterprises (SMEs) to marginally exceed this year's target amid numerous uncertainties.

BUSINESS

SME loans rise as banks cut rates

Business, Somruedi Banchongduang, Published on 07/09/2019

» In the aftermath of recent interest rate cuts, loans extended to small and medium-sized enterprises (SMEs) have increased significantly, while corporate firms are keen to issue bonds to refinance their debt and take advantage of lower borrowing costs.

BUSINESS

BBL propels QR service regionally

Business, Somruedi Banchongduang, Published on 24/07/2019

» Bangkok Bank (BBL), Thailand's largest international banking network provider, has expanded its digital footprint in Asia by rolling out cardless QR codes in several countries.

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BUSINESS

A banker getting his sea legs in fintech

Business, Somruedi Banchongduang, Published on 29/06/2019

» With fintech companies growing rapidly and challenging established banks by harnessing new technologies, plenty of C-level bankers have left the traditional financial services industry to join fintech firms, and Rungruang Sukkirdkijpiboon is among them.

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BUSINESS

KBank resigned to dwindling fee income

Business, Somruedi Banchongduang, Published on 15/10/2018

» Kasikornbank (KBank), the country's third-largest bank by assets, expects the decline in fee-based income to continue into next year because of the waiver of digital transaction fees.