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Search Result for “Somchai Lertsutiwong”

Showing 1 - 10 of 14

BUSINESS

Bank of Thailand to monitor KBank after Gulf purchase

Business, Somruedi Banchongduang, Published on 18/02/2026

» The Bank of Thailand is monitoring the increased shareholding in Kasikornbank (KBank) of 10% by Gulf Development Plc, saying KBank will be placed under intensified supervisory oversight.

SUSTAINABILITY

Low-carbon economy looms

Business, Somruedi Banchongduang, Published on 17/11/2025

» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.

BUSINESS

Virtual bank race: 5 in the running

Somruedi Banchongduang, Published on 23/09/2024

» The Bank of Thailand has received five applications for three virtual bank licences, with two of the bidders set to drop out of the race over the following year.

BUSINESS

Bank of Thailand allows banks to give credit to debt scheme users

Somruedi Banchongduang, Published on 05/08/2024

» The Bank of Thailand (BoT) is allowing banks to continue providing credit lines to retail borrowers participating in debt restructuring programmes to help support their liquidity amid a slower income recovery.

BUSINESS

Bank of Thailand mulls new credit model for SMEs

Business, Somruedi Banchongduang, Published on 05/06/2024

» The Bank of Thailand is exploring a tripartite credit guarantee model used by other countries to improve funding access for Thai small and medium-sized enterprises (SMEs).

BUSINESS

BoT aims for lower virtual bank rates, fees

Business, Somruedi Banchongduang, Published on 08/03/2024

» The Bank of Thailand expects the formation of virtual banks to provide reduced interest rates and fees as the operating costs for purely digital banking services are lower without physical branches and fewer staff.

BUSINESS

Central bank raises interest rate

Business, Somruedi Banchongduang, Published on 11/08/2022

» The Bank of Thailand raised its key interest rate for the first time in nearly four years yesterday in an effort to wrestle control over surging inflation as the economic recovery gains momentum.

BUSINESS

Krungsri targets 15m customers

Business, Somruedi Banchongduang, Published on 12/05/2022

» Bank of Ayudhya (Krungsri) aims to increase its individual customers to 15 million, with 12 million on its mobile banking platform, in three years.

BUSINESS

Digital savings products gain traction

Business, Somruedi Banchongduang, Published on 01/02/2021

» Saving for a rainy day is an ideal approach in times of great uncertainty. Although the prolonged low interest rate environment tends to make people hesitate about embarking on a traditional savings plan, digital savings products are a secure and wise choice to make your money work in a low-interest world.

BUSINESS

New rules on fees seek cost fairness

Business, Somruedi Banchongduang, Published on 08/01/2020

» The Bank of Thailand is requiring financial institutions to adjust prepayment charges for small and medium-sized enterprise (SME) and personal loans and late-payment fees for SME, personal and mortgage loans based on actual costs, with immediate effect.