Showing 1 - 10 of 34
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
Thai banks record 1.2% loan growth
Business, Somruedi Banchongduang, Published on 24/05/2024
» The Thai banking industry reported marginal loan growth for the first four months of this year, thanks to tighter loan criteria amid a sluggish economy.
‘Buy now, pay later’ abuse under scrutiny
Somruedi Banchongduang, Published on 07/05/2024
» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.
KBank unveils Vietnamese expansion plan
Business, Somruedi Banchongduang, Published on 05/08/2022
» Kasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam.
Executives urge pricier loans for used cars, bikes
Business, Somruedi Banchongduang, Published on 09/12/2021
» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has asked the government to increase the maximum interest rate for used car and motorcycle loans to encourage leasing companies to lend to lower-income earners.
KBank tries blockchain option Kubix
Business, Somruedi Banchongduang, Published on 12/04/2021
» Kasikornbank (KBank) is exploring an innovative form of services called decentralised finance (DeFi) using blockchain and independent of central financial intermediaries as it tries to grow its business regionally via the digital platform.
Poll: China's FDI poised to rise over next few years
Business, Somruedi Banchongduang, Published on 07/01/2021
» China's foreign direct investment (FDI) in Thailand is expected to increase significantly over the next few years as Chinese investors are planning to expand their local footprint, says a survey by Siam Commercial Bank (SCB).
Banks emphasise debt rejig, assets
Business, Somruedi Banchongduang, Published on 02/11/2020
» Local commercial banks are concentrating on debt restructuring and asset quality rather than business growth amid fragile economic conditions that could linger into next year.
Credit guarantee extension urged
Business, Somruedi Banchongduang, Published on 08/10/2020
» Business leaders are urging an extension of credit guarantees provided to small and medium-sized enterprises (SMEs) under the 500-billion-baht soft loan scheme, expanding from two years to 10 years to assist them.
BoT sees slower recovery in 2021
Business, Somruedi Banchongduang, Published on 24/09/2020
» Thailand's economic recovery is expected to take longer than previously anticipated, mainly due to the drastic decline in foreign tourist numbers, says the Bank of Thailand.