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BUSINESS

Asset management firms to absorb bigger slice of NPLs

Business, Somruedi Banchongduang, Published on 29/10/2025

» The Bank of Thailand expects asset management companies (AMCs) to absorb 20% of non-performing loans (NPLs) to help improve bad debt management in the banking industry.

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BUSINESS

Line BK growth continues 5 years on

Business, Somruedi Banchongduang, Published on 20/10/2025

» After five years of operation, Line BK, a pioneering digital banking platform in Thailand, continues to post solid business momentum and remains confident in its competitiveness as virtual banks prepare their functions.

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BUSINESS

KBank bullish on cutting employee costs

Business, Somruedi Banchongduang, Published on 15/10/2025

» Kasikornbank (KBank) has successfully implemented its early retirement (ER) programme and aims to reduce employee costs by 10-20% over five years as it increasingly adopts artificial intelligence (AI).

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BUSINESS

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.

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BUSINESS

CIMBT expects to increase hiring of financial advisors

Business, Somruedi Banchongduang, Published on 08/10/2025

» CIMB Thai Bank (CIMBT) plans to expand the number of its independent financial advisors (IFAs) to 500 by the end of this year, amid intensifying competition in the financial advisory profession.

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BUSINESS

New ATM licences to expand availability

Business, Somruedi Banchongduang, Published on 04/10/2025

» The Bank of Thailand plans to introduce new business licences for white-label automated teller machines (ATMs) next year.

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SUSTAINABILITY

Joint initiative touts sustainable living

Business, Somruedi Banchongduang, Published on 22/09/2025

» Consumers have the power to drive sustainability through their spending choices, especially when it comes to home products and energy use.

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BUSINESS

Economist urges funding hike for 3 agencies

Business, Somruedi Banchongduang, Published on 18/09/2025

» A bank economist wants the new government to increase the budget for three agencies -- the Board of Investment (BoI), the Tourism Authority of Thailand (TAT), and the Commerce Ministry -- to stimulate the economy during the administration's limited tenure.

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BUSINESS

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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BUSINESS

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.