Showing 1 - 10 of 23
Easy Money raises borrowing for expansion
Business, Somruedi Banchongduang, Published on 13/02/2026
» Amid sluggish loan demand as the economy sags, pawn shop operator Easy Money has increased borrowing to prepare for business expansion this year.
Banks' bad loan sales set to skyrocket to B200bn this year
Business, Somruedi Banchongduang, Published on 20/08/2025
» Bangkok Commercial Asset Management (BAM) Plc expects non-performing loan (NPL) sales by financial institutions to reach 200 billion baht this year, up from 150 billion last year.
SCB X plans to harness AI for virtual bank
Business, Somruedi Banchongduang, Published on 29/07/2025
» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.
Mortgage growth forecast to plunge
Business, Somruedi Banchongduang, Published on 27/09/2024
» Kasikorn Research Center (K-Research) expects 1.2% growth in mortgages within the commercial banking sector this year, the lowest level of expansion in 23 years.
Central bank reassessing consumer lending rules
Business, Somruedi Banchongduang, Published on 01/08/2024
» The Bank of Thailand is reviewing its regulations on loan-to-value (LTV) ratios for mortgage loans and minimum payments for credit cards amid the weakened debt servicing ability of individual borrowers.
Bank of Thailand warns of long-term downturn
Business, Somruedi Banchongduang, Published on 23/02/2024
» The Thai export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50% over the past 20 years, according to the Bank of Thailand (BoT).
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.
BBL, The Mall offer co-branded cards
Business, Somruedi Banchongduang, Published on 26/10/2023
» Bangkok Bank (BBL) aims to expand its retail banking business via a collaboration with The Mall Group Co, offering a full range of financial services to the large corporation.
Credit card firms want to hike top rate
Somruedi Banchongduang, Published on 11/08/2023
» Credit card issuers are planning to ask the Bank of Thailand to raise the maximum interest rate they can charge and to put off an increase in the monthly minimum payment rate.
Credit card firms to meet BoT as debt accumulates
Business, Somruedi Banchongduang, Published on 05/10/2022
» The Credit Card Club, a unit of the Thai Bankers' Association, plans to meet with the Bank of Thailand to share information about the credit card market to address the regulator's concerns over rising household debt stemming from unsecured loans.