Showing 1 - 10 of 11
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.
SCB X focuses on technology at spin-offs
Business, Somruedi Banchongduang, Published on 15/01/2025
» SCB X, a financial technology company, expects improved performance from its Generation 2 financial subsidiaries this year following business transfers the past few years.
Bad mortgage loans rise amid rate hikes
Business, Somruedi Banchongduang, Published on 23/05/2023
» Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring.
SCB sets out ambitious growth plans
Business, Somruedi Banchongduang, Published on 24/09/2021
» Siam Commercial Bank (SCB) aims to become a major digital platform service provider under its planned new parent, SCB X, as well as a regional financial tech conglomerate by 2025, with a goal of 200 million customers.
Banks: Not all SMEs get soft loans
Business, Somruedi Banchongduang, Published on 16/04/2020
» Bankers admit the Bank of Thailand's 500-billion-baht soft loan package will not be offered to all small and medium-sized enterprises (SMEs) affected by the pandemic because of credit constraints.
K-Research: AMC numbers climbing
Business, Somruedi Banchongduang, Published on 16/12/2019
» The number of asset management companies (AMCs) in Thailand has increased significantly over the past eight years, representing hopes to capitalise on business opportunities amid higher bad-asset divestment by financial institutions, according to Kasikorn Research Center.
KTC raises loan-loss buffer as 2020 looms
Business, Somruedi Banchongduang, Published on 03/12/2019
» Krungthai Card (KTC), an unsecured loan provider under Krungthai Bank, is poised to set aside higher loan-loss provisions next year as the economy will likely remain sluggish, a new financial reporting standard is implemented and business expands.
KTC plans new applicant criteria to rein in NPLs
Business, Somruedi Banchongduang, Published on 23/11/2019
» Krungthai Card (KTC), an unsecured lending arm of Krungthai Bank (KTB), plans to tighten criteria for both new loan approvals and debt collection to prevent asset quality from deteriorating as the economy drags.
Central bank: Woes ripple into SME NPLs
Business, Somruedi Banchongduang, Published on 19/11/2019
» The faltering economy is spilling over to mid-scale small and medium-sized enterprises (SMEs), as their soured loans keep rising, says a senior official at the Bank of Thailand.
SCB aims for 45% cost-to-income ratio
Business, Somruedi Banchongduang, Published on 08/02/2019
» Siam Commercial Bank (SCB) expects digitisation will help the bank reduce its cost-to-income ratio from the second quarter, putting the full-year figure at 45%.