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Search Result for “microfinance”

Showing 1 - 10 of 16

BUSINESS

Regional banking boost for Krungsri

Business, Somruedi Banchongduang, Published on 04/03/2025

» Krungsri (Bank of Ayudhya) reported its regional banking business accounted for 20% of total revenue, primarily attributed to high-yield loan products.

BUSINESS

Q1 household debt hits B16tn

Business, Somruedi Banchongduang, Published on 01/07/2023

» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.

BUSINESS

TCRB sees commercial upgrade taking one year

Business, Somruedi Banchongduang, Published on 03/05/2023

» Thai Credit Retail Bank (TCRB) expects to take about one year to upgrade to become a commercial bank and plans to launch an initial public offering (IPO) by the end of this year.

BUSINESS

Hi-Way aims for 30-40% growth in auto title loans

Business, Somruedi Banchongduang, Published on 28/04/2022

» Tisco Financial Group's microfinance arm, Hi-Way Co, has set an ambitious vehicle loan growth target in the range of 30-40% this year, thanks to stronger demand for loans in line with the country's economic rebound.

BUSINESS

TCRB eager for commercial licence

Business, Somruedi Banchongduang, Published on 18/03/2022

» Thai Credit Retail Bank (TCRB) is considering becoming a commercial bank to better meet customer demand and grow its business.

BUSINESS

Krungsri burgeoning beyond borders

Business, Somruedi Banchongduang, Published on 06/01/2022

» Krungsri, the marketing name of Bank of Ayudhya Plc (BAY), positions itself as a regional bank under its medium-term business plan.

BUSINESS

Hi-Way maintains 2020 branch expansion plan

Business, Somruedi Banchongduang, Published on 26/06/2020

» Tisco Financial Group's microfinance arm, Hi-Way Co, is maintaining its branch network expansion plan for this year, though its business target could be revised in light of the pandemic.

BUSINESS

Bankers launch registration for credit card relief

Business, Somruedi Banchongduang, Published on 01/04/2020

» The credit card club of the Thai Bankers' Association has opened registration for coronavirus-hit card holders who want to restructure debt to alleviate their financial burden from today until the end of June.

BUSINESS

Central bank sets floor for pandemic debt support

Business, Somruedi Banchongduang, Published on 26/03/2020

» The Bank of Thailand has set guidelines for minimum assistance that financial institutions must offer to debtors to ease their financial burden amid the pandemic, effective from April 1.

BUSINESS

Consortium takes 25% stake in TCRB

Business, Somruedi Banchongduang, Published on 25/07/2019

» A consortium led by private equity firm Olympus Capital Asia (OCA) has acquired a 25% stake in the country's leading microfinance lender Thai Credit Retail Bank (TCRB).