Showing 1 - 10 of 94
Bank of Thailand takes closer look at large cash transactions
Business, Somruedi Banchongduang, Published on 12/02/2026
» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.
Banker slams parties' household debt vows
Business, Somruedi Banchongduang, Published on 09/02/2026
» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.
KTC to transfer bad loans to SAM
Business, Somruedi Banchongduang, Published on 16/12/2025
» Krungthai Card (KTC), a non-bank subsidiary of Krungthai Bank, is preparing to transfer non-performing loans (NPLs) to Sukhumvit Asset Management (SAM) next year as part of the authorities' new debt resolution scheme.
Bangkok Bank, MIT aid SMEs and farmers
Business, Somruedi Banchongduang, Published on 03/11/2025
» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.
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).
Innocent victims of the mule crackdown
Business, Somruedi Banchongduang, Published on 22/09/2025
» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.
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).
KTB, MRTA team up for transport payment card
Business, Somruedi Banchongduang, Published on 06/08/2025
» Krungthai Bank (KTB) has partnered with Mass Rapid Transit Authority of Thailand (MRTA) to launch the Mang-moom EMV Card, a chip-based contactless card for fare payments across all MRT lines.
SCB X plans to harness AI for virtual bank
Business, Somruedi Banchongduang, Published on 29/07/2025
» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.
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.