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Search Result for “purpose collection”

Showing 1 - 10 of 66

BUSINESS

Bank of Thailand takes closer look at large cash transactions

Business, Somruedi Banchongduang, Published on 12/02/2026

» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.

BUSINESS

KTC to transfer bad loans to SAM

Business, Somruedi Banchongduang, Published on 16/12/2025

» Krungthai Card (KTC), a non-bank subsidiary of Krungthai Bank, is preparing to transfer non-performing loans (NPLs) to Sukhumvit Asset Management (SAM) next year as part of the authorities' new debt resolution scheme.

BUSINESS

Debt sales down 56% as banks wait

Business, Somruedi Banchongduang, Published on 13/11/2025

» Bad debt sales in the banking industry plunged by more than 50% during the first nine months of this year, as both banks and asset management companies (AMCs) adopted a wait-and-see approach ahead of the government's new debt resolution scheme.

BUSINESS

Loan quality continues to sag

Business, Somruedi Banchongduang, Published on 30/10/2025

» Asset management companies (AMCs) expect roughly 50% of special mention (SM) loans to continue to deteriorate into non-performing loans (NPLs) over the next three years.

BUSINESS

Line BK growth continues 5 years on

Business, Somruedi Banchongduang, Published on 20/10/2025

» After five years of operation, Line BK, a pioneering digital banking platform in Thailand, continues to post solid business momentum and remains confident in its competitiveness as virtual banks prepare their functions.

BUSINESS

Shopee spurs rise in nanofinance

Business, Somruedi Banchongduang, Published on 01/09/2025

» The National Credit Bureau (NCB) reported strong growth in nanofinance outstanding loans in the second quarter of 2025, primarily driven by a new member -- Shopee e-commerce platform.

BUSINESS

Banks' bad loan sales set to skyrocket to B200bn this year

Business, Somruedi Banchongduang, Published on 20/08/2025

» Bangkok Commercial Asset Management (BAM) Plc expects non-performing loan (NPL) sales by financial institutions to reach 200 billion baht this year, up from 150 billion last year.

BUSINESS

Banks ramp up green initiatives

Somruedi Banchongduang, Published on 04/08/2025

» In advancing sustainable business practices, banks are doing more than offering green financial services to clients.

BUSINESS

KTC banking on new IT loan initiative

Business, Somruedi Banchongduang, Published on 30/04/2025

» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), has initiated a loan scheme aimed at acquiring new customers interested in IT products and electronics, while maintaining asset quality amid a fragile economic environment.

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.