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Search Result for “millennials”

Showing 1 - 9 of 9

BUSINESS

Line BK growth continues 5 years on

Business, Somruedi Banchongduang, Published on 20/10/2025

» After five years of operation, Line BK, a pioneering digital banking platform in Thailand, continues to post solid business momentum and remains confident in its competitiveness as virtual banks prepare their functions.

BUSINESS

Credit card default risks surge in first quarter

Business, Somruedi Banchongduang, Published on 09/05/2024

» The risk of default on credit card loans rose significantly in the first quarter this year, driven by the central bank's mandate for a higher minimum payment rate.

THAILAND

Innovation visionary

News, Somruedi Banchongduang, Published on 26/10/2023

» Tan Choon Hin, President and Chief Executive Officer of UOB Thailand, was honoured with the "2023 CEO of the Year Award for Innovative Financial Visionary" by the Bangkok Post for his exceptional leadership and unwavering dedication to the bank's growth and success through innovation development.

BUSINESS

Alipay predicts jump in mobile payments

Business, Somruedi Banchongduang, Published on 21/02/2023

» Alipay Thailand expects mobile payments made by Chinese travellers in Thailand to surge this year thanks to China's reopening.

BUSINESS

Millennials mired in shopping debts

Business, Somruedi Banchongduang, Published on 26/11/2019

» Thai millennials' spending on 'must-have items' amounts to 1.37 trillion baht a year, representing 13% of the country's GDP, and half of them owe debts, while one-fifth of debtors have defaulted, according to TMB Analytics.

BUSINESS

SCB eyes doubling 2020 digital lending

Business, Somruedi Banchongduang, Published on 13/08/2019

» Siam Commercial Bank (SCB) aims to double its new digital lending next year, hoping to offset slower potential retail loan expansion in the traditional channel because of the central bank's lending guidance on debt-service ratio (DSR).

BUSINESS

Credit inquiries climbing as household debt swells

Business, Somruedi Banchongduang, Published on 17/04/2019

» Credit inquiries at the National Credit Bureau (NCB) are expected to hit another record high this year amid mounting anxiety over swelling household debt.

BUSINESS

Thais tapped for UOB's mobile-only bank

Business, Somruedi Banchongduang, Published on 02/03/2019

» Singapore-based UOB Group has picked Thailand as the first country in Asean for its mobile-only bank to tap millennials.

BUSINESS

SCB seeking Gen Y yields from mortgage products

Business, Somruedi Banchongduang, Published on 13/04/2018

» Siam Commercial Bank (SCB), the country's biggest mortgage lender, is focused on offering high-yield housing loan products to the high-risk, Gen Y segment to keep up with rising demand from young borrowers.