Showing 1 - 10 of 11
Non-banks get go-ahead for asset management ventures
Somruedi Banchongduang, Published on 07/11/2025
» The Bank of Thailand will allow non-bank institutions to establish joint-venture asset management companies (JV-AMCs), expanding on a previous policy that permitted only banks to do so.
Banks slash lending rates after Bank of Thailand cut
Business, Somruedi Banchongduang, Published on 23/10/2024
» Large local banks have announced reductions across the board for their prime lending interest rates following the Bank of Thailand's policy rate cut, aiming to ease the financial burden for borrowers.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
Bad loans set to surge at banks in Q1
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
Credit bureau: Bad loans exceeded B1tn in Q2
Business, Somruedi Banchongduang, Published on 10/08/2023
» Non-performing loans (NPLs) measured by the National Credit Bureau reached 1 trillion baht in the second quarter this year, the highest in 12 months, says a bureau executive.
Krungsri aims to grow regional base
Business, Somruedi Banchongduang, Published on 03/02/2023
» Bank of Ayudhya (Krungsri) continues to expand its financial business in Asean and targets its regional customer base exceeding 500,000 this year.
BAM optimistic on joint ventures to manage bad assets
Business, Somruedi Banchongduang, Published on 12/02/2022
» SET-listed Bangkok Commercial Asset Management (BAM) is in talks with seven financial institutions to be potential partners and set up joint venture asset management companies (JV AMCs) under the Bank of Thailand's initiative to manage non-performing loans (NPLs) in the banking industry.
Study shows shift to e-payment
Business, Somruedi Banchongduang, Published on 22/12/2021
» The country's use of cash is expected to decline by 4% in 10 years and 15% in 20 years as more Thais shift to e-payment, according to a Bank of Thailand paper.
Central bank expects spike in NPLs
Business, Somruedi Banchongduang, Published on 13/11/2021
» The Bank of Thailand (BoT) expects higher non-performing loans (NPLs) in the local banking system after banks relaxed debt assistance measures, but the bad loans are expected to be contained under the strong risk management of the banking sector.
KBank pledges to retain headcount
Business, Somruedi Banchongduang, Published on 10/12/2020
» Kasikornbank (KBank) plans to maintain its number of brick-and-mortar branches nationwide at 873 and its staffing levels at 19,990 for next year, despite rising digital banking transactions.