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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

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BUSINESS

TGH's chief takes firm to new terrain

Business, Somruedi Banchongduang, Published on 06/03/2021

» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.

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BUSINESS

BoT yet to take action in KTB case

Business, Somruedi Banchongduang, Published on 11/01/2019

» The Bank of Thailand has yet to take action against Kittiphun Anutarasoti, chief executive of CIMB Thai Bank (CIMBT), after Krungthai Bank (KTB) made public the findings of its investigation into loans extended to Energy Earth, which included serious allegations against him.

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BUSINESS

Thai Credit Retail Bank sticks with organic growth to double

Business, Somruedi Banchongduang, Published on 16/10/2018

» Thai Credit Retail Bank (TCRB) wants to continue growing organically, aiming to almost double net profit in the next few years and more than double its asset size.

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BUSINESS

BAY looks to secure Vietnam toehold

Business, Somruedi Banchongduang, Published on 05/01/2018

» Bank of Ayudhya (BAY) is exploring opportunities in Vietnam's consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ's (BTMU) policy to deepen the group's reach in Southeast Asia.

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BUSINESS

TMB on alert for takeovers

Business, Somruedi Banchongduang, Published on 06/11/2017

» Local banks are keen to jump on the digital bandwagon. But TMB Bank chief executive Boontuck Wungcharoen believes size still matters for the banking business and his company should brace for mergers and acquisitions (M&A) that might happen in the future.

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BUSINESS

Drawing on experience

Business, Somruedi Banchongduang, Published on 05/08/2017

» Pete's Philosophy is a Facebook page created by Suripong Tantiyanon, Visa's country manager for Thailand, to give inspiration for life and work to more than 100,000 fans. He made the page for fun three years ago during a short career break after resigning from Siam Commercial Bank (SCB).

BUSINESS

Scotiabank holding on to TBank

Business, Somruedi Banchongduang, Published on 06/04/2017

» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.

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BUSINESS

Scotiabank shelves TBank divestment

Business, Somruedi Banchongduang, Published on 07/09/2016

» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

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BUSINESS

SSI rehabilitation plan 'almost ready'

Business, Somruedi Banchongduang, Published on 17/02/2016

» The business rehabilitation plan of Sahaviriya Steel Industries Plc, the country's largest maker of hot-rolled coil steel, will soon be finished, says Siam Commercial Bank (SCB), one of SSI's major creditors.