Showing 1 - 10 of 18
Using credit scores to gauge interest
Business, Somruedi Banchongduang, Published on 23/02/2026
» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.
TBA talks soft loan criteria with BoT
Business, Somruedi Banchongduang, Published on 02/07/2020
» The Thai Bankers' Association (TBA) is in talks with the Bank of Thailand to seek ways to fine-tune the 500-billion-baht soft loan criteria, probably by allowing banks to extend loans with a specific purpose such as keeping small and medium-sized enterprises' (SMEs) employees on payroll.
Four banks trim prime lending rates
Business, Somruedi Banchongduang, Published on 22/05/2020
» Four commercial banks -- Kasikornbank (KBank), Siam Commercial Bank (SCB), Krungthai Bank (KTB) and Bank of Ayudhya (BAY) -- followed in the footsteps of Bangkok Bank (BBL), passing on some or more than the central bank's 25-basis-point rate cut for their prime lending rates.
9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
SCB upbeat on loan growth
Business, Somruedi Banchongduang, Published on 22/01/2020
» SET-listed Siam Commercial Bank (SCB) sees a higher cost-to-income ratio in the high-40% range but is confident that loan growth will improve to 3-4% this year.
Inflation target narrows
Business, Somruedi Banchongduang, Published on 25/12/2019
» The cabinet has approved the central bank's narrowed headline inflation target for next year to a range of 1-3% from this year's 1-4%, but this does not signal a change in monetary policy, says a senior official at the Bank of Thailand.
Panel urges further baht measures
Business, Somruedi Banchongduang, Published on 05/09/2019
» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.
BoT keeps options open
Business, Somruedi Banchongduang, Published on 18/07/2019
» The Bank of Thailand says the impact of a policy rate cut to tame offshore fund inflows would be limited and it stands ready to enact additional measures if recent moves fail to contain the baht.
Somkid: BoT taming baht independently
Business, Somruedi Banchongduang, Published on 11/07/2019
» The government has given the Bank of Thailand a free hand in dealing with the baht's rapid gain, says Deputy Prime Minister Somkid Jatusripitak.
Joint committee’s GDP forecast range dips below 3% growth
Somruedi Banchongduang, Published on 10/07/2019
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has taken a more pessimistic view by cutting its forecast range for Thailand’s full-year economic growth, with the lower end now below the 3% mark.