Showing 1 - 10 of 76
BoT: Baht to reverse course in H2
Business, Somruedi Banchongduang, Published on 01/05/2024
» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.
Krungsri: Corporate loans slow down as borrowers assess
Business, Somruedi Banchongduang, Published on 07/03/2024
» Wholesale loan growth has remained stagnant this year, with large corporates opting to wait for more favourable economic conditions before committing to new investments, according to an executive at Bank of Ayudhya (Krungsri).
Innovation visionary
News, Somruedi Banchongduang, Published on 26/10/2023
» Tan Choon Hin, President and Chief Executive Officer of UOB Thailand, was honoured with the "2023 CEO of the Year Award for Innovative Financial Visionary" by the Bangkok Post for his exceptional leadership and unwavering dedication to the bank's growth and success through innovation development.
SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
BoT hikes policy rate as recovery gathers steam
Business, Somruedi Banchongduang, Published on 01/12/2022
» The Bank of Thailand believes the country's economy will take off in the final quarter of this year and return to pre-pandemic growth levels.
Fitch sees higher earnings ahead for banks
Business, Somruedi Banchongduang, Published on 20/10/2022
» Fitch Ratings expects higher earnings in the Thai banking sector, in line with the country's economic recovery, with loan-loss reserves in the industry having peaked.
Banking sector's profits gain on higher interest income
Business, Somruedi Banchongduang, Published on 23/07/2022
» The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.
KBank seeks stake in Indonesia's PT Bank Maspion
Business, Somruedi Banchongduang, Published on 31/05/2022
» Kasikornbank (KBank) is to buy a major stake in Indonesia-based PT Bank Maspion Indonesia Tbk to strengthen its regional banking business.
Krungsri promotes EEC to Japanese
Business, Somruedi Banchongduang, Published on 23/04/2022
» Bank of Ayudhya, also known as Krungsri, aims to grow its loans to Japanese corporate and multinational corporate customers (JPC/MNC) by 3.4% this year by focusing on foreign direct investment in the Eastern Economic Corridor (EEC).
Blazing a new trail for SCB
News, Somruedi Banchongduang, Published on 12/01/2022
» Arthid Nanthawithaya, chief executive officer of Siam Commercial Bank (SCB), is steering the country's oldest bank on a new journey by going beyond the local traditional business frontier to become a regional financial tech conglomerate.