Showing 1 - 10 of 46
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
UOB joins Board of Investment to encourage outlays
Business, Somruedi Banchongduang, Published on 12/01/2024
» UOB Thailand is ready to support clients in both inbound and outbound investment in Southeast Asia, with rapid growth of foreign direct investment (FDI) expected for the region.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
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.
Building a digital bank with a human touch
Business, Somruedi Banchongduang, Published on 01/04/2023
» Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".
Krungsri targets 15m customers
Business, Somruedi Banchongduang, Published on 12/05/2022
» Bank of Ayudhya (Krungsri) aims to increase its individual customers to 15 million, with 12 million on its mobile banking platform, in three years.
SCB sets out ambitious growth plans
Business, Somruedi Banchongduang, Published on 24/09/2021
» Siam Commercial Bank (SCB) aims to become a major digital platform service provider under its planned new parent, SCB X, as well as a regional financial tech conglomerate by 2025, with a goal of 200 million customers.
Campaigns aim to ease auto loan stress
Business, Somruedi Banchongduang, Published on 08/02/2021
» Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.
KBank joins mutual fund platform
Business, Somruedi Banchongduang, Published on 18/11/2020
» Kasikornbank (KBank), in collaboration with Robowealth Mutual Fund Brokerage Securities and Lu International (Singapore), is offering an open architecture platform for digital mutual fund investment for local individual investors to invest in mutual funds across the world.