Showing 1 - 7 of 7
BoT to ease baht pressure
Business, Somruedi Banchongduang, Published on 02/12/2025
» The Bank of Thailand has proposed the Finance Ministry raise the limit for foreign income repatriation to Thailand, aiming to ease pressure on the baht.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Krungsri: Corporate loans slow down as borrowers assess
Business, Somruedi Banchongduang, Published on 07/03/2024
» Wholesale loan growth has remained stagnant this year, with large corporates opting to wait for more favourable economic conditions before committing to new investments, according to an executive at Bank of Ayudhya (Krungsri).
Innovation visionary
News, Somruedi Banchongduang, Published on 26/10/2023
» Tan Choon Hin, President and Chief Executive Officer of UOB Thailand, was honoured with the "2023 CEO of the Year Award for Innovative Financial Visionary" by the Bangkok Post for his exceptional leadership and unwavering dedication to the bank's growth and success through innovation development.
Krungsri forging digital transformation
Business, Somruedi Banchongduang, Published on 22/05/2021
» Bank of Ayudhya (BAY), marketed under the brand Krungsri, targets becoming a full digital bank in a few years and a decentralised finance (DeFi) service provider in 5-10 years.
BoT directing basic bank account charge
Business, Somruedi Banchongduang, Published on 24/07/2018
» The Bank of Thailand has joined with 16 banks to offer a basic bank account with fee-free deposits and no minimum balance requirement, aimed at widening opportunities for the unbanked to access financial services and digital banking.
Survey finds 40% of farmers live under poverty line
Business, Somruedi Banchongduang, Published on 31/05/2018
» Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector's low income and higher debt a drag on the country's economic growth, says the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier) in a survey.