Showing 1 - 6 of 6
Banker slams parties' household debt vows
Business, Somruedi Banchongduang, Published on 09/02/2026
» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.
Interest-free SME loans from KBank
Business, Somruedi Banchongduang, Published on 06/05/2020
» Kasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic.
TBA puts losses from coronavirus at B1.3tn
Business, Somruedi Banchongduang, Published on 15/04/2020
» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).
K-Research cuts 2020 growth view to 0.5% on virus impact
Business, Somruedi Banchongduang, Published on 06/03/2020
» Kasikorn Research Center (K-Research) has emerged as the most pessimistic among research houses, slashing its forecast for the country's GDP growth this year to 0.5% on the expectation that the coronavirus epidemic will wipe 410 billion baht off tourism receipts.
KBank cuts growth forecast to 0.5% from 2.7%
Somruedi Banchongduang, Published on 05/03/2020
» Kasikorn Research Center (K-Research) has slashed its forecast for the country’s economic growth this year to 0.5% from 2.7%, assuming that the coronavirus spread will wipe 410 billion baht off tourism receipts.
TBA sees likelihood of rising bad loans
Business, Somruedi Banchongduang, Published on 05/03/2020
» The Thai Bankers' Association (TBA) expects non-performing loans (NPLs) to keep rising and says banks may need to set aside additional reserves for credit losses this year.