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Search Result for “oil rich country”

Showing 1 - 10 of 326

BUSINESS

BBL maintains loan growth target amid global volatility

Business, Somruedi Banchongduang, Published on 20/04/2026

» Bangkok Bank (BBL) expects crude oil prices to remain elevated despite an eventual end to the war in the Middle East, while encouraging local businesses to accelerate their transition to alternative energy.

BUSINESS

Gulf opts to maintain KBank shareholding at 10% cap

Business, Somruedi Banchongduang, Published on 17/04/2026

» Gulf Development Plc has no plans to increase its shareholding in Kasikornbank (KBank) beyond 10%, partly due to additional regulatory requirements.

BUSINESS

Virtual banks taking shape

Business, Somruedi Banchongduang, Published on 16/04/2026

» Two virtual banks, Bank X and Clicx Bank, are pursuing similar strategies in the retail and food ecosystem, focusing on underserved customer segments as a key growth driver for their virtual banking businesses.

BUSINESS

Thailand seen highly exposed to oil shock

Business, Somruedi Banchongduang, Published on 09/04/2026

» Thailand is among the region's most vulnerable countries to an oil shock, with the risk potentially reducing household income by 3-4%, according to the World Bank.

PROPERTY

KKP sees housing prices rising 10% amid oil crisis

Business, Somruedi Banchongduang, Published on 08/04/2026

» Kiatnakin Phatra Financial Group (KKP) forecasts that a surge in global oil prices will push housing prices up by 10% this year, primarily affecting homebuyers in the mass-market segment.

BUSINESS

BBL recommends Thai businesses mull expansion to India

Business, Somruedi Banchongduang, Published on 06/04/2026

» Bangkok Bank (BBL) is encouraging Thai businesses to expand into India to reduce their reliance on the US market amid rising geopolitical risk and escalating global trade tensions.

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

SCB X assists customers troubled by the war

Business, Somruedi Banchongduang, Published on 01/04/2026

» SCB X, a technology conglomerate and the holding company of Siam Commercial Bank (SCB), has extended assistance to customers affected by the war, with targeted measures initially focused on the tourism and export sectors.

BUSINESS

EV loan demand set to rise amid spiking oil prices

Business, Somruedi Banchongduang, Published on 31/03/2026

» Banks expect stronger growth for electric vehicle (EV) loans this year, driven by improving demand in the auto segment amid rising oil prices.