Showing 1 - 10 of 259
EV demand fuels Krungsri Auto's expansion plans
Somruedi Banchongduang, Published on 03/04/2026
» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.
Baht set to fall further amid Mideast wartime pressures
Business, Somruedi Banchongduang, Published on 24/03/2026
» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.
Krungsri joins hands with Invesco on asset advisory
Business, Somruedi Banchongduang, Published on 18/03/2026
» Krungsri (Bank of Ayudhya) remains confident it can sustain growth in assets under management (AUM) for foreign investment funds (FIF), despite heightened global uncertainties.
Interest rate cuts have uneven impact for retail borrowers
Business, Somruedi Banchongduang, Published on 12/03/2026
» Retail borrowers have begun to benefit from a series of policy rate cuts over several months. However, the impact may not be immediately noticeable for some borrowers as their monthly instalment payments could remain static.
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.
E-savings gain appeal as interest rates edge lower
Business, Somruedi Banchongduang, Published on 26/01/2026
» As interest rates continue to decline, e-savings deposit accounts are emerging as an attractive option for younger Thais looking to take their first steps towards saving.
Interest rates nudge banks to record varied results
Business, Somruedi Banchongduang, Published on 22/01/2026
» Large local banks posted mixed operating results in 2025, attributed to a decrease in interest income as rates declined, as well as heightened uncertainties.
Credit card use to remain weak in Q4
Business, Somruedi Banchongduang, Published on 07/11/2025
» Credit card spending during the final quarter of the year is expected to remain subdued, in line with the economy, despite the government's implementation of stimulus measures.
Thai listed banks’ earnings rise12% in Q3
Business, Somruedi Banchongduang, Published on 23/10/2025
» SET-listed banks recorded 12% year-on-year earnings growth in the third quarter of this year, supported by higher fee-based income despite a decline in interest income and loan contraction.
Fitch: Bad loans expected to pressure large Thai banks
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.