Showing 1 - 8 of 8
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.
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.
TBA puts losses from coronavirus at B1.3tn
Business, Somruedi Banchongduang, Published on 15/04/2020
» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).
BoT not reacting to Fed rate cut
Somruedi Banchongduang, Published on 16/03/2020
» The Bank of Thailand (BoT) has no plan to call an emergency meeting following the US Federal Reserve's weekend decision to cut its policy rate to zero.
BBL anticipates Chinese revival on state support
Business, Somruedi Banchongduang, Published on 13/03/2020
» Bangkok Bank (BBL) expects its banking business in China will gradually pick up on the heels of the improving coronavirus outbreak in the mainland and the Chinese government's assistance measures.
K-Research cuts 2020 growth view to 0.5% on virus impact
Business, Somruedi Banchongduang, Published on 06/03/2020
» Kasikorn Research Center (K-Research) has emerged as the most pessimistic among research houses, slashing its forecast for the country's GDP growth this year to 0.5% on the expectation that the coronavirus epidemic will wipe 410 billion baht off tourism receipts.
KBank cuts growth forecast to 0.5% from 2.7%
Somruedi Banchongduang, Published on 05/03/2020
» Kasikorn Research Center (K-Research) has slashed its forecast for the country’s economic growth this year to 0.5% from 2.7%, assuming that the coronavirus spread will wipe 410 billion baht off tourism receipts.
TBA sees likelihood of rising bad loans
Business, Somruedi Banchongduang, Published on 05/03/2020
» The Thai Bankers' Association (TBA) expects non-performing loans (NPLs) to keep rising and says banks may need to set aside additional reserves for credit losses this year.