Showing 91 - 100 of 143
BAY shoots for tier-one status
Business, Somruedi Banchongduang, Published on 12/04/2014
» Bank of Ayudhya (BAY) intends to be a tier-one bank under its 3-5-year business plan, supported by the synergy provided by new Japanese major shareholder Bank of Tokyo-Mitsubishi UFJ (BTMU).
Tisco treads carefully with loans
Business, Somruedi Banchongduang, Published on 08/04/2014
» Tisco Bank will continue its prudent policy by setting aside higher provisions for loan losses in this year's first quarter amid an increase in late payments triggered by the slack economy and ballooning household debt.
Lenders shift to car-for-cash scheme
Business, Somruedi Banchongduang, Published on 31/03/2014
» With the ballooning household debt and the gloomy economy denting the car loan demand, lenders have shifted their focus to car title loan products.
CIMBT joins with Korean asset firm
Business, Somruedi Banchongduang, Published on 29/03/2014
» CIMB Thai Bank (CIMBT) is partnering with South Korea’s leading asset management company to offer Thai investors a Korean alternative as that country's equities are providing a better return than Thai assets recently.
Phatra cuts 2014 growth forecast
Business, Somruedi Banchongduang, Published on 26/03/2014
» Phatra Securities Plc is revising down its 2014 economic growth forecast from 2.8%, given the rising downside risks to the economy after the Constitutional Court nullified the Feb 2 general election and called for a new poll.
Fall in NIM expected this year
Business, Somruedi Banchongduang, Published on 26/03/2014
» The net interest margin (NIM) of local banks is expected to narrow this year in the wake of higher financial costs stemming from sluggish loan demand and rising bad loan levels amid the gloomy economy.
KTB jumps on CLMV bandwagon
Business, Somruedi Banchongduang, Published on 25/03/2014
» Krungthai Bank (KTB) has jumped on the lending bandwagon to outbound investments in Cambodia, Laos, Myanmar and Vietnam (CLMV) amid decelerating domestic loan extensions triggered by the protracted political uncertainty, the faltering economy and delays in the government’s 2-trillion-baht infrastructure megaprojects.
KTB getting picky about corporate clients
Business, Somruedi Banchongduang, Published on 24/03/2014
» Client selection will be a key strategy for Krung Thai Bank’s (KTB) corporate banking business this year to control asset quality during tough economic times.
Krungsri targeting SME loan market
Business, Somruedi Banchongduang, Published on 21/03/2014
» The Bank of Ayudhya (Krungsri) has set an aggressive goal in the small and medium-sized enterprise (SME) segment targeting to overtake the market's top three in the next five years through business synergy with its Japanese major shareholder.
StanChart puts focus on Asean
Business, Somruedi Banchongduang, Published on 20/03/2014
» Standard Chartered Bank will focus more on Asean markets, particularly in the Greater Mekong Subregion (GMS), to capitalise on the region's high growth potential, increasing intra-regional trade and an influx of foreign direct investment (FDI).