Showing 1 - 10 of 36
Bank rate cut to trim interest margin
Business, Somruedi Banchongduang, Published on 17/05/2025
» Large local banks have lowered their interest rates in response to the Bank of Thailand's recent policy rate cut, a move that is expected to compress the banking sector's net interest margin (NIM) this year.
Bangkok Bank posts 20% uptick in net profit in first quarter
Business, Somruedi Banchongduang, Published on 19/04/2025
» Bangkok Bank (BBL) reported 20% year-on-year growth in net profit for the first quarter of 2025, supported by a sharp increase in fee-based income, despite a contraction in loan volume.
KBank, ttb aim to normalise credit costs
Business, Somruedi Banchongduang, Published on 20/03/2025
» Kasikornbank (KBank) and TMBThanachart Bank (ttb) want to normalise their credit costs this year by enhancing asset quality while maintaining stable loan growth.
Banks slash lending rates after Bank of Thailand cut
Business, Somruedi Banchongduang, Published on 23/10/2024
» Large local banks have announced reductions across the board for their prime lending interest rates following the Bank of Thailand's policy rate cut, aiming to ease the financial burden for borrowers.
Bangkok Bank reports profit uptick of 6.2%
Business, Somruedi Banchongduang, Published on 19/10/2024
» Two listed banks including Bangkok Bank (BBL) have reported positive net profits for the first nine months of the year, while another two banks posted lower profits.
KTB poised to hit 2024 lending target
Business, Somruedi Banchongduang, Published on 02/08/2024
» Krungthai Bank (KTB) expects to achieve its loan growth target for this year despite experiencing a lending contraction in the first six months.
Banks see profit hike amid higher interest income
Business, Somruedi Banchongduang, Published on 23/01/2024
» Ten SET-listed commercial banks reported consolidated net profit in 2023 of 232 billion baht, a 15.6% year-on-year increase from around 201 billion baht in 2022, attributed to rising interest income as a result of policy rate hikes.
Ten banks record B177bn in net profit
Business, Somruedi Banchongduang, Published on 23/10/2023
» Ten local commercial banks, including nine listed on the SET, reported consolidated net profit for the first nine months of 2023 of 177 billion baht, up 15.1% year-on-year, attributed to rising interest income as a result of policy rate hikes.
Banks announce increases in loan, deposit rates
Business, Somruedi Banchongduang, Published on 03/10/2023
» Banks have announced they will increase both loan and deposit rates in response to the Bank of Thailand's (BoT) monetary policy direction, following the decision by the central bank last week to raise its policy rate by a quarter of a percentage point.
BBL follows BoT, raises lending, savings rates
Business, Somruedi Banchongduang, Published on 28/01/2023
» Bangkok Bank (BBL), the country's largest lender by total assets, announced yesterday a new round of hikes for both lending and savings rates, effective yesterday, in line with the Bank of Thailand's policy rate increase on Wednesday.