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Showing 1 - 10 of 12

BUSINESS

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.

BUSINESS

Krungsri poised to focus on transition finance for SMEs

Business, Somruedi Banchongduang, Published on 30/05/2024

» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.

BUSINESS

Krungsri bullish on SME loan growth

Business, Somruedi Banchongduang, Published on 05/04/2024

» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.

THAILAND

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.

BUSINESS

A new threat on the banking horizon

Business, Somruedi Banchongduang, Published on 14/07/2023

» The Bank of Thailand warns that online financial fraud is increasing as criminals turn to false base stations.

BUSINESS

KBank makes most of digital channel services

Business, Somruedi Banchongduang, Published on 23/04/2020

» Kasikornbank (KBank) aims to get a 37% surge in online financial transaction volume through its mobile banking app KPlus to 11.6 billion this year after tallying 700 million in the first quarter as the lockdown increased demand in the digital channel.

BUSINESS

Digital banking surges in sea change

Business, Somruedi Banchongduang, Published on 14/04/2020

» The pandemic has ravaged businesses and forced social distancing, spiking demand for remote and digital services as well as online banking.

BUSINESS

Launch of e-KYC for deposits

Business, Somruedi Banchongduang, Published on 07/02/2020

» The Bank of Thailand is letting six commercial banks offer facial recognition using electronic Know Your Customer (e-KYC) technology to verify the identity of new customers under the regulatory sandbox when opening online deposit accounts, starting on Thursday.

BUSINESS

BAY looks to green bonds for fundraising

Business, Somruedi Banchongduang, Published on 23/10/2019

» Bank of Ayudhya (BAY) is focused on issuing environmental, social and governance (ESG) bonds next year as a means to comply with the Bank of Thailand's responsible lending policy.

BUSINESS

Politics key threat to Thai outlook, World Bank warns

Somruedi Banchongduang, Published on 08/07/2019

» Prolonged political uncertainty is a key risk for Thailand’s economic outlook, according to the World Bank’s Thailand Economic Monitor.