Showing 1 - 10 of 23
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.
Innocent victims of the mule crackdown
Business, Somruedi Banchongduang, Published on 22/09/2025
» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
UOB chief champions rise of sustainable financing
Somruedi Banchongduang, Published on 24/05/2023
» United Overseas Bank (UOB) has developed green frameworks to provide companies with simplified access to green and sustainable financing so that they can build resilient businesses, said Tan Choon Hin, president and CEO of UOB Thailand.
Scan set to safeguard mobile banking
Business, Somruedi Banchongduang, Published on 17/02/2023
» Mobile banking users may need to complete a biometric scan when adjusting the limit for monetary transfers to strengthen security for mobile transactions.
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.
Central bank tackling rise in unsecured loans
Business, Somruedi Banchongduang, Published on 04/10/2022
» The Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP.
KBank eyes ESG-friendly strategy
Business, Somruedi Banchongduang, Published on 22/09/2022
» Kasikornbank (KBank) is planning a decarbonisation strategy in line with the global environmental, social and governance (ESG) trend, with the bank stopping lending to the coal sector.
UOB helps Thai SMEs digitalise
Business, Somruedi Banchongduang, Published on 09/03/2022
» UOB Thailand is supporting local entrepreneurs to digitalise their business operations and strengthen their competitiveness in international markets amid the global economic rebound.
Krungsri aims for 1m digital depositors by 2024
Business, Somruedi Banchongduang, Published on 01/12/2021
» Kept by Krungsri, a digital savings platform under Bank of Ayudhya, aims to increase its depositors to 1 million by 2024 after receiving a positive response in its first year of operation.