Showing 1 - 10 of 26
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.
Finno Efra preps for listing
Business, Somruedi Banchongduang, Published on 20/08/2024
» Krungsri Finnovate (KFin), the corporate venture capital arm of Bank of Ayudhya (Krungsri), has partnered with EfraStructure Co to launch a private equity trust aimed at supporting local startups and investing in tech startups across Asean.
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.
KBank to transform Make app into digital bank
Business, Somruedi Banchongduang, Published on 15/06/2022
» Kasikornbank (KBank) plans to turn its Make by KBank mobile banking app into a purely digital bank and apply for a virtual banking licence from the Bank of Thailand (BoT).
BoT strategy needs clearer objectives
Business, Somruedi Banchongduang, Published on 25/02/2022
» The private sector agrees with the Bank of Thailand's planned financial landscape that aims to create a sustainable digital economy, but the plan requires clearer objectives in certain areas.
BoT paper eyes rejig of the financial sector
Business, Somruedi Banchongduang, Published on 02/02/2022
» The Bank of Thailand plans to allow commercial banks to obtain more than one banking business licence, including a planned virtual bank licence, to pave the way for the country's digital economy.
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.
Central bank allays NPL concerns
Business, Somruedi Banchongduang, Published on 01/07/2020
» The banking industry's bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks' capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year.
Quarterly figures hit record trough
Business, Somruedi Banchongduang, Published on 30/05/2020
» The economy got off to a grim start this quarter, with several economic indicators posting the worst levels on record for an April, says a central bank senior official.