Showing 1 - 10 of 24
Using credit scores to gauge interest
Business, Somruedi Banchongduang, Published on 23/02/2026
» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.
BoT stresses post-election policy coordination
Somruedi Banchongduang, Published on 12/04/2023
» The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down.
TBA talks soft loan criteria with BoT
Business, Somruedi Banchongduang, Published on 02/07/2020
» The Thai Bankers' Association (TBA) is in talks with the Bank of Thailand to seek ways to fine-tune the 500-billion-baht soft loan criteria, probably by allowing banks to extend loans with a specific purpose such as keeping small and medium-sized enterprises' (SMEs) employees on payroll.
High-yield bond fund under study
Business, Somruedi Banchongduang, Published on 20/06/2020
» Policymakers are conducting a feasibility study to establish a high-yield bond fund to broaden investment opportunities for retail investors seeking higher returns amid rock-bottom interest rates.
Deposits flowing despite paltry rates
Business, Somruedi Banchongduang, Published on 16/06/2020
» Despite rock-bottom interest rates, more than 1 trillion baht in money flowed into 10 SET-listed banks at the end of April from the end of 2019, indicating increasing appetite for safe-haven deposit accounts even as the pandemic spiralled during that period.
KTB speeds up branch consolidation plan
Business, Somruedi Banchongduang, Published on 15/06/2020
» Krungthai Bank (KTB) plans to accelerate its branch downsizing and consolidation schedule for 80-100 sites this year, aiming to maintain half of existing staff by having them work from home to adapt to post-pandemic behaviour.
K-Research glum on recovery outlook
Business, Somruedi Banchongduang, Published on 03/06/2020
» The country's main industries and economic growth are expected to take longer than one year to return to pre-pandemic levels, while an unemployment spike is the greatest concern, says Kasikorn Research Center (K-Research).
Four banks trim prime lending rates
Business, Somruedi Banchongduang, Published on 22/05/2020
» Four commercial banks -- Kasikornbank (KBank), Siam Commercial Bank (SCB), Krungthai Bank (KTB) and Bank of Ayudhya (BAY) -- followed in the footsteps of Bangkok Bank (BBL), passing on some or more than the central bank's 25-basis-point rate cut for their prime lending rates.
9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
SCB upbeat on loan growth
Business, Somruedi Banchongduang, Published on 22/01/2020
» SET-listed Siam Commercial Bank (SCB) sees a higher cost-to-income ratio in the high-40% range but is confident that loan growth will improve to 3-4% this year.