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Search Result for “2017”

Showing 1 - 10 of 173

BUSINESS

Thailand's major banks target modest loan growth in 2026

Business, Somruedi Banchongduang, Published on 10/02/2026

» Major domestic banks have set modest loan growth targets for 2026 in line with the slower pace of the Thai economy, while maintaining a selective approach to new lending.

BUSINESS

New central bank governor envisions expanded role

Business, Somruedi Banchongduang, Published on 24/11/2025

» The new governor of the Bank of Thailand wants to get more involved with the country's structural challenges and real sector issues, expanding the bank's role beyond its traditional focus on economic stability.

BUSINESS

Bangkok Bank targets investment options in Indonesia

Business, Somruedi Banchongduang, Published on 02/07/2025

» Bangkok Bank (BBL) sees significant business opportunities in Indonesia over the next two decades and says it is committed to supporting Thai businesses expanding into the country.

BUSINESS

High hopes for virtual banks

Business, Somruedi Banchongduang, Published on 30/06/2025

» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.

BUSINESS

Debt Clinic sees surge in applicants in Q1

Somruedi Banchongduang, Published on 13/05/2024

» The number of retail borrowers seeking assistance via the central bank’s Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).

BUSINESS

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.

THAILAND

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.

BUSINESS

World Bank cuts Thai growth to 3.4%

Business, Somruedi Banchongduang, Published on 03/10/2023

» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.

BUSINESS

SCB X, KakaoBank keen on virtual banking

Business, Somruedi Banchongduang, Published on 19/06/2023

» SCB X Plc is teaming up with KakaoBank to set up a consortium to apply for a virtual bank licence from the Bank of Thailand.

BUSINESS

SCB X and KakaoBank eye virtual banking

Somruedi Banchongduang, Published on 16/06/2023

» SCB X Plc is teaming up with KakaoBank of South Korea to set up a consortium to apply for a virtual bank licence from the Bank of Thailand.