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Search Result for “virtual banks”

Showing 1 - 10 of 483

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GENERAL

Virtual banks to bolster financial inclusion

Business, Somruedi Banchongduang, Published on 10/10/2025

» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.

OPINION

Symbolic acts won't create a real Palestine

Oped, Gwynne Dyer, Published on 25/09/2025

» Ten more countries are recognising Palestine as a sovereign state in the course of this week. That brings the total up from 147 to 157. It's a big deal to an extent because for the first time it includes quite a few big, rich Western countries (France, the UK, Canada and Australia). But it is not unified, and it still controls no territory.

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GENERAL

SCB trims retail banking unit amid debt avalanche

Business, Somruedi Banchongduang, Published on 13/09/2025

» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).

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GENERAL

Kasikornbank scraps key profit target amid weak economy

Published on 02/09/2025

» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.

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GENERAL

Factors key to success of virtual banks illuminated

Business, Suchit Leesa-nguansuk, Published on 02/09/2025

» Innovative, personalised financial services powered by artificial intelligence's (AI) native capabilities and alternative data scoring are the keys to success for virtual bank operators in Thailand, according to a recent forum.

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GENERAL

Buy now, bankrupt later

Business, Post Reporters, Published on 01/09/2025

» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.

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GENERAL

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

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THAILAND

SET Hosts Thailand Focus 2025 in August 

Published on 25/08/2025

» Bangkok, August 25, 2025 - The Stock Exchange of Thailand (SET) will host the 19th edition of its flagship investment conference, Thailand Focus 2025, from 27–29 August at the Grand Hyatt Erawan Bangkok. 

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GENERAL

KBank offers unusual early retirement scheme

Business, Somruedi Banchongduang, Published on 25/08/2025

» Driven by the impact of artificial intelligence (AI) disruption, Kasikornbank (KBank) has introduced a special early retirement (ER) programme for employees aged 45 and older, with several other banks reportedly offering similar initiatives.

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GENERAL

McKinsey analysis homes in on 13 frontier tech trends

Business, Suchit Leesa-nguansuk, Published on 22/08/2025

» Agentic artificial intelligent (AI), application-specific semiconductors, and robotic and bioengineering innovations are emerging as the key technological forces transforming the business landscape in 2025, according to the latest report released by McKinsey & Company.