Showing 1 - 9 of 9
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.
Post forum tackles banking digitisation
News, Somruedi Banchongduang, Published on 03/10/2023
» Digitisation would catalyse Thai economic growth and increase efficiency in the banking sector, says chief of Citibank Thailand.
Bangkok Bank predicts digital normal
Business, Somruedi Banchongduang, Published on 03/12/2018
» Bangkok Bank (BBL) expects most basic banking transactions to be made over the digital channel within the next three years.
Survey finds 40% of farmers live under poverty line
Business, Somruedi Banchongduang, Published on 31/05/2018
» Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector's low income and higher debt a drag on the country's economic growth, says the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier) in a survey.
Survey: Young borrowers pose higher risk
Business, Somruedi Banchongduang, Published on 23/03/2018
» Credit card and auto loans secured by individual borrowers aged below 25 and those living in major cities pose a higher risk to asset quality, says the central bank's think tank.
KBank: Inheritance tax advisory demand growing
Business, Somruedi Banchongduang, Published on 03/07/2017
» The government's implementation of the inheritance tax and its plan to impose new asset-based taxes have boosted demand for tax advisory services from the well-off, says a Kasikornbank (KBank) executive.
SAM arranging debt collection unit
Business, Somruedi Banchongduang, Published on 19/04/2017
» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.
All set for PromptPay
Business, Somruedi Banchongduang, Published on 28/12/2016
» After the lengthy testing process of PromptPay's consumer-to-consumer (C2C) service, a major bid to turn Thailand into digital payment mode, the money transfer service has been pushed back to further ensure its accuracy, stability and security. Originally slated for roll-out at the end of October, Predee Daochai, chairman of the Thai Bankers' Association (TBA), has confirmed that it is now scheduled for the first quarter of 2017.
Chip bank cards the rule in 2019
Business, Somruedi Banchongduang, Published on 05/05/2016
» Some 60 million magnetic-stripe ATM and debit cards issued by local commercial banks and circulating in the market will be upgraded to chip-embedded cards by the end of 2019, says a senior central bank official.