Showing 1 - 10 of 13
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.
KFin plans to sink B520m into startups
Business, Somruedi Banchongduang, Published on 13/03/2025
» Krungsri Finnovate (KFin), the corporate venture capital arm of Krungsri (Bank of Ayudhya), plans to invest around 520 million baht in tech startups both locally and across the region this year.
BoT confident new loan scheme will help SMEs
Business, Somruedi Banchongduang, Published on 21/04/2021
» The Bank of Thailand (BoT) is expecting small and medium-sized enterprises (SMEs) to feel the brunt of the latest wave of Covid-19 infections.
Central bank soothes debt concerns
Business, Somruedi Banchongduang, Published on 22/08/2020
» The prospect of Thailand's public debt-to-GDP ratio edging closer to the 60% ceiling is a minor concern because fiscal policy is being used to rev up economic recovery momentum amid the pandemic, says the Bank of Thailand.
BoT looks to lighten burden for distressed borrowers
Business, Somruedi Banchongduang, Published on 29/07/2020
» The Bank of Thailand is considering adding a haircut method to the third phase of debt relief measures to help borrowers reeling from lower income caused by the virus crisis.
CIMBT closes 2 sub-branches at 7-Eleven
Business, Somruedi Banchongduang, Published on 13/01/2020
» CIMB Thai Bank (CIMBT) has shuttered two sub-branches in 7-Eleven convenience stores because of tepid transactions amid an upsurge in digital banking.
Thai Bankers' Association studies methods to outsource white-label ATMs
Business, Somruedi Banchongduang, Published on 25/12/2019
» The Thai Bankers' Association (TBA) plans to allow a third party to manage white-label ATM operations, a pool ATM service run by non-bank firms instead of individual banks, to cut the banking system's operating costs.
Lower credit line sought
Business, Somruedi Banchongduang, Published on 11/12/2019
» Credit card issuers have proposed the Bank of Thailand lower the credit line of cardholders joining the central bank's new refinancing scheme and waive loan-loss provision requirements for participants in return for an interest rate cut to 7-12%, says a source in banking circles.
BoT app to identify telemarketing calls
Business, Somruedi Banchongduang, Published on 27/11/2019
» The Bank of Thailand plans to pool the phone numbers of commercial banks, their subsidiaries and outsource units used for telemarketing and debt collection with the National Broadcasting and Telecommunications Commission (NBTC) to develop the Gun Guan app, enabling consumers to better block unwanted calls from next year.
Bank of Thailand extends debt clinic
Business, Somruedi Banchongduang, Published on 13/02/2019
» The Bank of Thailand expects debtors at non-bank financial institutions to participate in the central bank’s Debt Clinic by the second quarter of this year.