Showing 1 - 10 of 18
Kiatnakin Phatra Financial Group plans to expand EV loan portfolio
Business, Somruedi Banchongduang, Published on 18/02/2026
» Kiatnakin Phatra Bank, a subsidiary of Kiatnakin Phatra Financial Group (KKP), wants to grow its electric vehicle (EV) loan portfolio this year, following strong adoption of EVs in the Thai market.
Banks urged to back debt-relief scheme
Business, Somruedi Banchongduang, Published on 21/01/2025
» The Bank of Thailand has urged banks to proactively contact all eligible borrowers under the government's "You Fight, We Help" debt relief scheme and to enhance communication efforts after a lower-than-expected number of debtors registered for the programme.
SCB X adjusts spotlight to foreign fintech firms
Somruedi Banchongduang, Published on 09/10/2024
» SCB X, a leading Thai financial technology group and the holding company of Siam Commercial Bank, is focused on investing in fintech firms across Southeast Asia and beyond, prioritising higher returns on investment over traditional banking ventures.
Developer pushes mortgage options
Business, Somruedi Banchongduang, Published on 14/09/2024
» The government is being advised to offer 20-year fixed-rate mortgages to help low-income individuals access lending, addressing an obstacle for many Thais who want to own a home.
Double financing adds to property sector's woes
Business, Somruedi Banchongduang, Published on 20/08/2024
» Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders.
Hotels less taken with BoT scheme
Business, Somruedi Banchongduang, Published on 17/11/2021
» The rate at which hotel business operators have been joining the Bank of Thailand's (BoT) asset warehousing programme -- a debt relief measure -- has been easing due to an improvement in domestic tourism following the country's reopening, said an executive at the central bank.
Auto refinance loans surge in first half
Business, Somruedi Banchongduang, Published on 16/11/2021
» Overall auto refinance loans showed strong growth in the first six months of this year, in line with people's higher demand of liquidity during the prolonged Covid-19 pandemic.
BoT eases up on exporters' rules
Business, Somruedi Banchongduang, Published on 07/11/2019
» The Bank of Thailand has relaxed regulations related to exporters' foreign currency proceeds and foreign securities investment to encourage capital outflows and rein in the baht's strength.
Bank of Thailand mulls relaxing LTV rule
Business, Somruedi Banchongduang, Published on 15/08/2019
» The Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers.
FWD buying SCB subsidiary in key deal
Business, Somruedi Banchongduang, Published on 02/07/2019
» SET-listed Siam Commercial Bank (SCB) has entered into a binding agreement to sell 99.2% of subsidiary SCB Life Assurance to insurer FWD Group Financial Services for 92.7 billion baht, marking Southeast Asia's biggest life insurance acquisition deal.