Showing 1 - 10 of 25
Interest rates nudge banks to record varied results
Business, Somruedi Banchongduang, Published on 22/01/2026
» Large local banks posted mixed operating results in 2025, attributed to a decrease in interest income as rates declined, as well as heightened uncertainties.
KBank spins off investment business
Somruedi Banchongduang, Published on 03/08/2023
» Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the next three years, paving the way for new S-curve business in the long run.
Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.
Using digital tech, SCB X eyes virtual bank licence
Business, Somruedi Banchongduang, Published on 08/04/2023
» SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.
AutoX eyes rapid ascent for car title loans
Business, Somruedi Banchongduang, Published on 16/11/2022
» AutoX Co Ltd, a new player in the car title loan market, aims to be among the top three in the sector with 70 billion baht in loans outstanding in three years.
Banking sector's profits gain on higher interest income
Business, Somruedi Banchongduang, Published on 23/07/2022
» The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.
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.
Banks post improved profits last year
Business, Somruedi Banchongduang, Published on 22/01/2022
» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.
Digital lenders focusing on risk control
Business, Somruedi Banchongduang, Published on 19/01/2022
» Digital loan providers are emphasising risk control because of economic uncertainties, the continued outbreak and tougher competition from new players.
Tidlor calm ahead of planned IPO
Business, Somruedi Banchongduang, Published on 17/04/2021
» Ngern Tid Lor Co (Tidlor), a microcredit provider under Bank of Ayudhya (BAY), expects less impact from the fresh wave of the pandemic than the initial outbreak last year because of the company's improved operational management and solid financial state.