Showing 1 - 10 of 13
War risks, rate cuts affect Thai banks’ margins
Business, Somruedi Banchongduang, Published on 23/04/2026
» The local banking industry recorded marginal net profit growth in the first quarter of this year, pressured by a decline in net interest income (NII) as conflicts in the Middle East are expected to heighten risks for the sector.
KBank offers unusual early retirement scheme
Business, Somruedi Banchongduang, Published on 25/08/2025
» Driven by the impact of artificial intelligence (AI) disruption, Kasikornbank (KBank) has introduced a special early retirement (ER) programme for employees aged 45 and older, with several other banks reportedly offering similar initiatives.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Banks share data with Bank of Thailand to combat fraudulent mule accounts
Somruedi Banchongduang, Published on 02/09/2024
» The banking industry has introduced data-sharing through a new Central Fraud Register (CFR) system to intensify efforts to crack down on so-called mule accounts.
UOB targets high-end niche
Business, Somruedi Banchongduang, Published on 18/12/2023
» UOB Thailand plans to expand its credit card business next year via the upper-income customer segment and marketing partnerships.
Q1 household debt hits B16tn
Business, Somruedi Banchongduang, Published on 01/07/2023
» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.
BoT raises economic revival hopes
Business, Somruedi Banchongduang, Published on 30/10/2021
» The Bank of Thailand (BoT) expects next week's reopening to further raise public confidence, coming on the back of an improvement in domestic consumption following a relaxation of Covid-19 restrictions.
Southeast Insurance vows to settle claims
Business, Somruedi Banchongduang, Published on 08/09/2021
» Southeast Insurance has pledged to clear up 8,000 accumulated claims for the Covid-19 insurance policies within two weeks as the company has already finished installing the digital process and increased the number of staff handling claims to speed up clearing the claim documents.
TMB-TBank full fusion on track for July
Business, Somruedi Banchongduang, Published on 15/03/2021
» TMB-Thanachart Bank (TMB-TBank) expects to complete the integration of the two financial entities by July this year, offering employees an early retirement (ER) package with a maximum compensation of 17 months.
TBA mulls debt restructuring
Business, Somruedi Banchongduang, Published on 11/06/2020
» The Thai Bankers' Association (TBA) is considering extending debt restructuring measures as the domestic economic recovery should take a couple of years.