Showing 1 - 7 of 7
KBank mulls buying Home Credit Vietnam
Somruedi Banchongduang, Published on 04/09/2023
» Kasikornbank (KBank) is exploring an acquisition deal with Home Credit Vietnam as part of its Asean business expansion.
The dawn of digital banking
Spectrum, Somruedi Banchongduang, Published on 22/04/2018
» When out at any shopping mall, it's common for consumers to use anything from credit cards to e-wallets when making purchases nowadays. But when it comes to traditional markets, or talat nat, found faraway from these commercial venues, it's only been recently that one can catch sight of these types of transactions taking place.
MasterCard: 'Selfie pay' coming soon
Business, Somruedi Banchongduang, Published on 17/11/2016
» NEW YORK/ST LOUIS: MasterCard plans to commercially launch "selfie pay" in Asia-Pacific markets next year in an effort to improve identity verification, security and convenience for online payments.
Thai banks lending support to Cambodia
Business, Somruedi Banchongduang, Published on 01/07/2015
» Three local banks along with the World Bank's International Finance Corporation (IFC) and the Netherlands' ING Bank NV have granted syndicated loans worth a combined US$65 million to Prasac Microfinance Institution, Cambodia's largest microfinance lender.
Baht deadfall could punish CP All's Makro purchase
Business, Somruedi Banchongduang, Published on 25/06/2013
» CP All (CPALL) is likely to post a marginal foreign exchange loss from its acquisition of Siam Makro (MAKRO) following the baht's retreat, as most of the US-dollar-denominated loans secured to fund the deal have been hedged against foreign exchange risks.
BBL, KTB agree loans for CP's Makro deal
Business, Somruedi Banchongduang, Published on 31/05/2013
» Bangkok Bank (BBL) and Krungthai Bank (KTB) have joined the group providing one-year syndicated loans to fund CP All's acquisition of Siam Makro, bringing the number of lenders to seven.
SCB wins central bank nod to lend more to CP All
Business, Somruedi Banchongduang, Published on 24/04/2013
» Siam Commercial Bank (SCB) has won Bank of Thailand approval to widen the single lending limit ratio for CP Group from 25% of SCB's capital base to 60% to accommodate CP All's acquisition of Siam Makro.