Showing 1 - 10 of 12
Virtual banks to shake up Thai finance next year
Business, Somruedi Banchongduang, Published on 24/12/2025
» By mid-2026, Thais are expected to be able to access virtual banks, offering expanded options for people underserved by formal financial services.
Virtual banks to bolster financial inclusion
Business, Somruedi Banchongduang, Published on 10/10/2025
» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.
KBank eases digital loans to improve asset quality
Business, Somruedi Banchongduang, Published on 07/05/2024
» Kasikornbank (KBank) has opted to slow the pace of its digital personal loan business to refine its business model, improving control of the quality of its loan products.
Easy loans for all
Business, Somruedi Banchongduang, Published on 08/08/2022
» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.
SCB Abacus growth lures tech investors
Business, Somruedi Banchongduang, Published on 17/09/2021
» SCB Abacus, an alternative digital lending platform under Siam Commercial Bank, has raised US$12 million (396 million baht) in a Series A funding round and targets digital loan growth of 10 times this year.
Monix targets B5bn in nanofinance loans
Business, Somruedi Banchongduang, Published on 03/09/2021
» Monix Co Ltd, a digital loan provider under Siam Commercial Bank (SCB), aims to grow its nanofinance lending to 5 billion baht by the end of this year.
Krungsri forging digital transformation
Business, Somruedi Banchongduang, Published on 22/05/2021
» Bank of Ayudhya (BAY), marketed under the brand Krungsri, targets becoming a full digital bank in a few years and a decentralised finance (DeFi) service provider in 5-10 years.
Bank of Thailand to allow biometrics for identification
Business, Somruedi Banchongduang, Published on 03/06/2019
» The Bank of Thailand plans to let banks adopt biometric technology to verify identity when opening deposit accounts by the third quarter this year.
KBank expects 10 times digital lending
Business, Somruedi Banchongduang, Published on 07/01/2019
» Kasikornbank (KBank) has set an ambitious goal of 10 times growth in digital lending this year, targeting low-income earners who are not bank customers.
KBank resigned to dwindling fee income
Business, Somruedi Banchongduang, Published on 15/10/2018
» Kasikornbank (KBank), the country's third-largest bank by assets, expects the decline in fee-based income to continue into next year because of the waiver of digital transaction fees.