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Showing 1 - 10 of 23

BUSINESS

Thailand wilts as 'financial summer' batters households

Business, Somruedi Banchongduang, Published on 27/04/2026

» As temperatures climb across Thailand, households are feeling more than just the heat. This year's hot season has brought a sharp rise in living costs, particularly fuel prices, tightening budgets and amplifying financial strain.

BUSINESS

KFin plans to sink B520m into startups

Business, Somruedi Banchongduang, Published on 13/03/2025

» Krungsri Finnovate (KFin), the corporate venture capital arm of Krungsri (Bank of Ayudhya), plans to invest around 520 million baht in tech startups both locally and across the region this year.

BUSINESS

1% credit card fee remains on hold

Business, Somruedi Banchongduang, Published on 04/05/2024

» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.

BUSINESS

UOB targets high-end niche

Business, Somruedi Banchongduang, Published on 18/12/2023

» UOB Thailand plans to expand its credit card business next year via the upper-income customer segment and marketing partnerships.

BUSINESS

Krungsri targets rise in digital customers

Business, Somruedi Banchongduang, Published on 08/03/2023

» Krungsri Consumer, the unsecured loan unit under Bank of Ayudhya, aims to increase its customer base on digital platforms by 20% this year, aided by new digital service offerings.

BUSINESS

Easy loans for all

Business, Somruedi Banchongduang, Published on 08/08/2022

» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.

BUSINESS

Krungsri preps B7-8bn for digital, innovation strategy

Business, Somruedi Banchongduang, Published on 04/02/2022

» Bank of Ayudhya, under the marketing name Krungsri, plans to spend a budget of 7-8 billion baht this year on digital and innovations to expand digital banking services both in Thailand and regional markets.

BUSINESS

Bright future for digital loans

Business, Somruedi Banchongduang, Published on 19/04/2021

» Economic doldrums related to the pandemic have prompted a surge in demand for digital loans in several forms, including nano-finance products offered both by banks and non-bank companies.

BUSINESS

KBank rejigs management team

Business, Somruedi Banchongduang, Published on 26/08/2020

» Kasikornbank (KBank) is adjusting its management team in preparation for post-pandemic conditions and to fill the void left by former co-president Predee Daochai.

BUSINESS

KFIN seeks $50m next year

Business, Somruedi Banchongduang, Published on 11/08/2020

» Krungsri Finnovate (KFIN), a tech startup under Bank of Ayudhya (BAY), plans to raise another US$50 million worth of funds early next year to cover business operations for three years under a post-Covid-19 business strategy.