Showing 1 - 10 of 15
Using credit scores to gauge interest
Business, Somruedi Banchongduang, Published on 23/02/2026
» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.
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.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
UOB waives cardholders' fees, interest
Business, Somruedi Banchongduang, Published on 15/06/2024
» UOB Thailand has waived interest and fees for credit cardholders affected by the bank's payment apportionment system.
Bad loans set to surge at banks in Q1
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
Krungsri bullish on SME loan growth
Business, Somruedi Banchongduang, Published on 05/04/2024
» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.
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.
Calls for rate cut to relieve pandemic woes
Business, Somruedi Banchongduang, Published on 03/08/2021
» Economists are urging Thailand's central bank to cut interest rates this week to support the economy amid rising downside risks.
Tepid initial response to soft loan scheme
Business, Somruedi Banchongduang, Published on 10/05/2021
» Commercial banks have been slow to draw down soft loans under the Bank of Thailand's latest scheme because of the third wave of the pandemic.