Showing 1 - 10 of 17
Banker slams parties' household debt vows
Business, Somruedi Banchongduang, Published on 09/02/2026
» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.
Fitch: Bad loans expected to pressure large Thai banks
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.
Bangkok Bank profit rises 9.5% to B24.4bn in first half
Business, Somruedi Banchongduang, Published on 22/07/2025
» Bangkok Bank (BBL), the country's largest lender by total assets, posted a 9.5% year-on-year increase in net profit for the first half of 2025, supported by robust growth in non-interest income and effective cost management.
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
Banks note rising profits
Business, Somruedi Banchongduang, Published on 20/04/2024
» Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.
Listed banks post 13% Q1 profit hike
Business, Somruedi Banchongduang, Published on 22/04/2023
» Net profit for the banking industry grew 13% in the first quarter thanks to improving business operations, despite setting higher loan-loss provisions amid global economic risks.
Listed banks see Q1 profits jump 14.4%
Business, Somruedi Banchongduang, Published on 23/04/2022
» The 10 SET-listed banks posted a combined net profit of 53.3 billion baht for the first quarter of 2022, an increase of 14.4% year-on-year, thanks to a decline in loan-loss provisions in line with an economic rebound.
Fitch predicts banks to face challenging times ahead
Business, Somruedi Banchongduang, Published on 18/03/2021
» Fitch Ratings Thailand forecasts Thai commercial banks' profitability to be restricted for the next few years, given the country's slow pace of economic recovery from the impact of the Covid-19 pandemic.
Interest-free SME loans from KBank
Business, Somruedi Banchongduang, Published on 06/05/2020
» Kasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic.
KTB makes most of TFRS 9
Business, Somruedi Banchongduang, Published on 19/12/2019
» Krungthai Bank (KTB) plans to exploit the central bank's easing of loan-loss provisions under Thai Financial Reporting Standards 9 (TFRS 9), which enables banks to set aside reserves of 1% for new loans over the course of three years, starting from 2020.