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Search Result for “Newly appointed”

Showing 1 - 10 of 65

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

New SCB chief likely to move over from card division

Business, Somruedi Banchongduang, Published on 13/01/2026

» SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.

BUSINESS

Panel expected to maintain policy rate

Business, Somruedi Banchongduang, Published on 07/10/2025

» Economists expect the Bank of Thailand to keep its policy rate unchanged at Wednesday's meeting, as the central bank awaits clearer economic data and allows time for its new governor to settle in.

BUSINESS

Bad loan risk rising in four key business sectors

Somruedi Banchongduang, Published on 15/08/2025

» Four key business sectors in Thailand are showing signs of weaker debt repayment capabilities, with the challenge likely to extend to larger business operators, according to Kasikorn Research Center (K-Research).

BUSINESS

Banks ramp up green initiatives

Somruedi Banchongduang, Published on 04/08/2025

» In advancing sustainable business practices, banks are doing more than offering green financial services to clients.

BUSINESS

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.

THAILAND

Govt mulls buying underperforming NPLs

News, Somruedi Banchongduang, Published on 24/03/2025

» The government has announced plans to purchase non-performing loans (NPLs) with outstanding balances below 100,000 baht to alleviate financial burdens on small-scale debtors.

BUSINESS

Bid to halt financial fraud intensifies

Business, Somruedi Banchongduang, Published on 15/03/2025

» Regulatory authorities are taking proactive measures to block mule accounts associated with legal entities, with the number of blocked accounts expected to rise by more than 1,000 in the near future.

THAILAND

A pioneer in the credit card industry

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

» With an exceptional management approach that emphasises the development of human resources alongside technology to drive business growth in the digital era, Pittaya Vorapanyaskul, president and chief executive of Krungthai Card Plc (KTC), is among the Women of the Year 2025.

BUSINESS

New baht banknotes scarce ahead of Chinese New Year

Business, Somruedi Banchongduang, Published on 27/01/2025

» Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes.