Showing 1 - 6 of 6
Loan growth to be minimal in 2025 as banks restrict supply
Business, Somruedi Banchongduang, Published on 21/12/2024
» SCB EIC, the research centre of Siam Commercial Bank (SCB), expects the banking sector to tighten loan growth to its highest level in a decade in 2025, amid rising credit risk and weaker economic growth.
SCB EIC predicts fragile conditions for lending
Business, Somruedi Banchongduang, Published on 20/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, anticipates increased fragility in the household and business sectors, which combined with the Bank of Thailand's responsible lending practices will pressure loan growth in the banking industry over the next few years.
Analysts expecting rate cuts to be delayed
Business, Somruedi Banchongduang, Published on 21/05/2024
» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.
EIC downgrades growth forecast for 2023
Business, Somruedi Banchongduang, Published on 29/11/2022
» The Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank, has slashed its 2023 GDP growth projection for Thailand due to the global economic slowdown and the increased likelihood of a recession in developed economies.
An appointment three decades in the making
Business, Somruedi Banchongduang, Published on 04/07/2020
» The proverb "what is fated to be yours will always return to you" holds true in the case of Kattiya Indaravijaya. When she was asked about her desired job on her application form at Kasikornbank (KBank) more than 30 years ago, she filled in "CEO". And now the dream has become real.
Like father, like son? Only to a degree.
Business, Somruedi Banchongduang, Published on 13/10/2018
» The adage "a chip off the old block" holds true for Benjarong Suwankiri, an economist like his father, though the elder man is better known in political life.