Showing 1 - 10 of 21
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.
LGT foresees long-term growth in Thailand
Business, Somruedi Banchongduang, Published on 09/03/2023
» LGT Private Banking, an international private bank owned by the House of Liechtenstein, plans to continue growing business in Thailand over the longer term as it foresees greater opportunities here.
TBA talks soft loan criteria with BoT
Business, Somruedi Banchongduang, Published on 02/07/2020
» The Thai Bankers' Association (TBA) is in talks with the Bank of Thailand to seek ways to fine-tune the 500-billion-baht soft loan criteria, probably by allowing banks to extend loans with a specific purpose such as keeping small and medium-sized enterprises' (SMEs) employees on payroll.
Four banks trim prime lending rates
Business, Somruedi Banchongduang, Published on 22/05/2020
» Four commercial banks -- Kasikornbank (KBank), Siam Commercial Bank (SCB), Krungthai Bank (KTB) and Bank of Ayudhya (BAY) -- followed in the footsteps of Bangkok Bank (BBL), passing on some or more than the central bank's 25-basis-point rate cut for their prime lending rates.
9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
KBank makes most of digital channel services
Business, Somruedi Banchongduang, Published on 23/04/2020
» Kasikornbank (KBank) aims to get a 37% surge in online financial transaction volume through its mobile banking app KPlus to 11.6 billion this year after tallying 700 million in the first quarter as the lockdown increased demand in the digital channel.
SCB upbeat on loan growth
Business, Somruedi Banchongduang, Published on 22/01/2020
» SET-listed Siam Commercial Bank (SCB) sees a higher cost-to-income ratio in the high-40% range but is confident that loan growth will improve to 3-4% this year.
Inflation target narrows
Business, Somruedi Banchongduang, Published on 25/12/2019
» The cabinet has approved the central bank's narrowed headline inflation target for next year to a range of 1-3% from this year's 1-4%, but this does not signal a change in monetary policy, says a senior official at the Bank of Thailand.
Panel urges further baht measures
Business, Somruedi Banchongduang, Published on 05/09/2019
» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.
BoT keeps options open
Business, Somruedi Banchongduang, Published on 18/07/2019
» The Bank of Thailand says the impact of a policy rate cut to tame offshore fund inflows would be limited and it stands ready to enact additional measures if recent moves fail to contain the baht.