Showing 1 - 10 of 11
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.
SCB X plans to harness AI for virtual bank
Business, Somruedi Banchongduang, Published on 29/07/2025
» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.
Driving regional growth: UOB’s vision for Thailand
Business, Somruedi Banchongduang, Published on 11/12/2024
» UOB Thailand is poised to support business clients with their regional expansion, capitalising on Southeast Asia’s growth potential, while also helping Thai individuals access financial services more effectively amidst growing household debt.
BoT in inflation warning
Business, Somruedi Banchongduang, Published on 01/03/2022
» The Bank of Thailand (BoT) is concerned about inflation because of the Russia-Ukraine conflict, but believes the Thai economy will continue to recover this year.
KBank to establish R&D unit for tech
Business, Somruedi Banchongduang, Published on 09/04/2020
» Kasikornbank (KBank) plans to set up a research and development (R&D) unit with a focus on IT to prepare for a changing environment after the pandemic crisis.
KBank chairman's exit seen as part of succession plan
Business, Somruedi Banchongduang, Published on 06/04/2020
» Although Banthoon Lamsam's resignation from all management roles and the board at his family-run Kasikornbank (KBank), effective April 3, stunned the banking industry, the market believes that the 75-year-old bank will remain calm amid serious challenges from the coronavirus pandemic and digital disruption.
Thai banks earn high marks
Business, Somruedi Banchongduang, Published on 08/10/2019
» Thai commercial banks were rated fully compliant by the Financial Sector Assessment Programme (FSAP), jointly conducted by the World Bank and the IMF, but the multilateral lenders pointed out that household debt, specialised financial institutions (SFIs) and cooperatives still need to improve.
A banker getting his sea legs in fintech
Business, Somruedi Banchongduang, Published on 29/06/2019
» With fintech companies growing rapidly and challenging established banks by harnessing new technologies, plenty of C-level bankers have left the traditional financial services industry to join fintech firms, and Rungruang Sukkirdkijpiboon is among them.
SCB installs co-presidents in overhaul
Business, Somruedi Banchongduang, Published on 06/02/2019
» Siam Commercial Bank (SCB), the country's largest bank by assets, has named four new co-presidents to reshape its management structure as part of the bank's "Going Upside Down" transformation.
Like father, like son? Only to a degree.
Business, Somruedi Banchongduang, Published on 13/10/2018
» The adage "a chip off the old block" holds true for Benjarong Suwankiri, an economist like his father, though the elder man is better known in political life.