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Search Result for “parent firm”

Showing 1 - 10 of 123

BUSINESS

Krungsri joins hands with Invesco on asset advisory

Business, Somruedi Banchongduang, Published on 18/03/2026

» Krungsri (Bank of Ayudhya) remains confident it can sustain growth in assets under management (AUM) for foreign investment funds (FIF), despite heightened global uncertainties.

BUSINESS

SCB predicts gradual baht decline

Business, Somruedi Banchongduang, Published on 27/02/2026

» Siam Commercial Bank (SCB) expects the baht to gradually weaken against the US dollar, reaching 33 baht per dollar in the fourth quarter of this year, driven by a combination of domestic and external factors.

BUSINESS

YouTrip targets 10% growth a year

Business, Somruedi Banchongduang, Published on 04/12/2025

» YouTrip, Asia-Pacific's leading multi-currency travel card, expects to maintain annual growth of 10% over the next three years and is preparing to list on a US stock exchange during that period.

BUSINESS

High hopes for virtual banks

Business, Somruedi Banchongduang, Published on 30/06/2025

» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.

BUSINESS

An investment strategy to capitalise on volatile markets

Business, Somruedi Banchongduang, Published on 05/06/2025

» Amid ongoing volatility in global investment markets, SCB Julius Baer considers this period an opportunity to gradually deploy capital to international investments and stands ready to help Thai investors access world-class assets.

BUSINESS

Virtual banks to be announced in June

Business, Somruedi Banchongduang, Published on 18/04/2025

» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.

BUSINESS

Thailand Post trusts network in virtual banking proposal

Business, Somruedi Banchongduang, Published on 17/04/2025

» Thailand Post plans to leverage its strong network and the expertise of its delivery staff, who have access to underserved and unserved communities across the country, to support its consortium in securing a virtual bank licence.

BUSINESS

SCB offers more overseas wealth options

Somruedi Banchongduang, Published on 27/02/2025

» Siam Commercial Bank (SCB) is increasing access to international wealth products for Thai investors, aiming to expand assets under management (AUM) in foreign currencies to 180 billion baht by 2026.

BUSINESS

KBank to transfer B60bn of bad loans

Business, Somruedi Banchongduang, Published on 01/02/2025

» Kasikornbank (KBank) plans to transfer bad assets worth around 60 billion baht to its new joint venture asset management company (JV-AMC) by 2026, reducing the bank's non-performing loans (NPLs).

BUSINESS

Abacus keen on regional growth

Business, Somruedi Banchongduang, Published on 10/01/2025

» Abacus Digital, a fintech firm under SCB X, is exploring regional business expansion and preparing for a listing on the local stock exchange as part of its next growth phase.