FILTER RESULTS
FILTER RESULTS
close.svg
Search Result for “actions today”

Showing 1 - 10 of 37

BUSINESS

Bank of Thailand takes closer look at large cash transactions

Business, Somruedi Banchongduang, Published on 12/02/2026

» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.

BUSINESS

Household debt to limit bank growth

Business, Somruedi Banchongduang, Published on 07/01/2026

» Thailand's elevated household debt is set to remain a key constraint on banking sector expansion in 2026, even as major domestic banks continue to target positive loan growth to support economic momentum.

BUSINESS

Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors

Business, Somruedi Banchongduang, Published on 13/05/2025

» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”

BUSINESS

Bank of Thailand wary of falling asset quality for some borrowers

Business, Somruedi Banchongduang, Published on 20/03/2025

» The Bank of Thailand has expressed concerns over declining asset quality among higher-income borrowers, following a similar trend observed for middle- to lower-income groups, aligning with the softening of economic growth.

BUSINESS

Call for national asset management firm

Business, Somruedi Banchongduang, Published on 17/09/2024

» SCB EIC, the research centre under Siam Commercial Bank (SCB), says the government should establish a national asset management company (AMC) to prepare for a potential increase in non-performing loans (NPLs) within the banking industry.

BUSINESS

Fitch downgrades based on financial leverage

Business, Somruedi Banchongduang, Published on 11/07/2024

» Fitch Ratings Thailand downgraded three large local companies in the first half of this year based on their weakened ability to repay debt, attributed to increased financial leverage.

THAILAND

Post forum tackles banking digitisation

News, Somruedi Banchongduang, Published on 03/10/2023

» Digitisation would catalyse Thai economic growth and increase efficiency in the banking sector, says chief of Citibank Thailand.

BUSINESS

K-Research frets over large budget

Business, Somruedi Banchongduang, Published on 27/09/2023

» Kasikorn Research Center (K-Research) is increasingly concerned about Thailand's sovereign credit rating because of the large budget needed to fund the government's stimulus schemes.

BUSINESS

BoT keeps wary eye on bond rollovers

Business, Somruedi Banchongduang, Published on 14/08/2023

» The Bank of Thailand is monitoring the rollover of corporate bonds in the second half after more defaults occurred in the first half, dampening bond market sentiment.

BUSINESS

BoT issues warning over volatility in bond, capital markets

Business, Somruedi Banchongduang, Published on 26/07/2023

» The Bank of Thailand has raised concerns over the Thai capital and bond markets, given domestic political uncertainty and default risks pertaining to corporate debentures.