Showing 1 - 10 of 978
Moody's upgrades ratings for 7 financial institutions
Business, Somruedi Banchongduang, Published on 24/04/2026
» Moody's Ratings has affirmed the ratings of seven Thai financial institutions and revised their outlooks to stable from negative, following an improvement in Thailand's sovereign outlook.
War risks, rate cuts affect Thai banks’ margins
Business, Somruedi Banchongduang, Published on 23/04/2026
» The local banking industry recorded marginal net profit growth in the first quarter of this year, pressured by a decline in net interest income (NII) as conflicts in the Middle East are expected to heighten risks for the sector.
Electric vehicles fuel Tisco auto loan growth in Q1
Business, Somruedi Banchongduang, Published on 21/04/2026
» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.
BBL maintains loan growth target amid global volatility
Business, Somruedi Banchongduang, Published on 20/04/2026
» Bangkok Bank (BBL) expects crude oil prices to remain elevated despite an eventual end to the war in the Middle East, while encouraging local businesses to accelerate their transition to alternative energy.
SCB X focuses on tech as conflict drives up costs
Business, Somruedi Banchongduang, Published on 18/04/2026
» SCB X, the financial technology group and holding company of Siam Commercial Bank (SCB), has locked in low-cost technology investments ahead of a broader rise in expenses driven by the ongoing conflict in the Middle East.
Gulf opts to maintain KBank shareholding at 10% cap
Business, Somruedi Banchongduang, Published on 17/04/2026
» Gulf Development Plc has no plans to increase its shareholding in Kasikornbank (KBank) beyond 10%, partly due to additional regulatory requirements.
S&P warns of rising corporate credit stress
Business, Somruedi Banchongduang, Published on 14/04/2026
» Thai companies with high leverage are likely to face negative cash flow over the next two years, due to the impact of the conflict in the Middle East.
BBL recommends Thai businesses mull expansion to India
Business, Somruedi Banchongduang, Published on 06/04/2026
» Bangkok Bank (BBL) is encouraging Thai businesses to expand into India to reduce their reliance on the US market amid rising geopolitical risk and escalating global trade tensions.
Banks raise reserves to deal with effects of war
Somruedi Banchongduang, Published on 01/04/2026
» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.
SCB X assists customers troubled by the war
Business, Somruedi Banchongduang, Published on 01/04/2026
» SCB X, a technology conglomerate and the holding company of Siam Commercial Bank (SCB), has extended assistance to customers affected by the war, with targeted measures initially focused on the tourism and export sectors.