Showing 81 - 90 of 143
Firms delaying investments
Business, Somruedi Banchongduang, Published on 08/05/2014
» The prolonged political instability has eroded the confidence of local companies in making further investments despite their higher funding demands, says Kasikornbank.
Auto loans veer off track as political strife takes its toll
Business, Somruedi Banchongduang, Published on 01/05/2014
» Automobile loan growth during the first half this year is expected to fall to zero as the political turmoil damages the already sluggish economy.
SCB eyeing CLMV economies
Business, Somruedi Banchongduang, Published on 28/04/2014
» Siam Commercial Bank (SCB), the country's third-largest bank by assets, is planning an aggressive expansion of its international banking business in the coming years, with a focus on Cambodia, Laos, Myanmar and Vietnam (CLMV) to capitalise on higher opportunities following the formation of the Asean Economic Community (AEC).
More SME borrowers seeking grace period
Business, Somruedi Banchongduang, Published on 24/04/2014
» The number of small and medium-sized enterprises (SMEs) requesting grace periods for principal loan repayments is rising as they face a liquidity crunch amid the stuttering economy, says Kasikornbank (KBank).
Mortgages to drive SCB retail growth
Business, Somruedi Banchongduang, Published on 23/04/2014
» Mortgages are expected to be the only product helping to boost retail lending growth at Siam Commercial Bank (SCB) this year, with other products flat or even declining amid a gloomy economy.
KTB offers bundled product
Business, Somruedi Banchongduang, Published on 22/04/2014
» Home loan customers of Krungthai Bank (KTB) will be allowed to make their instalment payments via Krungthai Card (KTC) credit cards, with lower interest rates charged and reward points on card spending. The offer is aimed at facilitating the bank's mortgage growth while expanding KTC's card business.
KTB plans bond issuance
Business, Somruedi Banchongduang, Published on 21/04/2014
» Krungthai Bank (KTB) is set to sell subordinated bonds for expansion and strengthening its Tier 2 capital to try to to take advantage of a drop in borrowing costs before an expected improvement in the economy in the second half raises borrowing costs.
Ten institutions see Q1 net profits slip
Business, Somruedi Banchongduang, Published on 19/04/2014
» First-quarter net profits of 10 listed commercial banks fell marginally, although most of them have set aside massive loan-loss provisions, reflecting more prudent stances amid the economic downturn.
Banks step up checks on debtors
Business, Somruedi Banchongduang, Published on 18/04/2014
» Credit history checks by banks at the National Credit Bureau (NCB) almost tripled during the first quarter in a sign that lenders have become more prudent as bad loans rise amid the gloomy economy.
Visa flexes in promising Myanmar
Business, Somruedi Banchongduang, Published on 17/04/2014
» Spending growth via Visa credit cards in Thailand could be the lowest in Southeast Asia this year, adding to signs that the country’s economy is reeling.