Showing 1 - 8 of 8
Bid to halt financial fraud intensifies
Business, Somruedi Banchongduang, Published on 15/03/2025
» Regulatory authorities are taking proactive measures to block mule accounts associated with legal entities, with the number of blocked accounts expected to rise by more than 1,000 in the near future.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Portfolio in the palm of your hand
Business, Somruedi Banchongduang, Published on 19/04/2021
» As equity markets have an improved outlook worldwide and interest rates are relatively low across the globe, investors eager for higher returns are turning to mutual funds, which have lapped deposit banking account.
BoT extending rules to SFIs and others
Business, Somruedi Banchongduang, Published on 05/02/2020
» The Bank of Thailand is set to extend market conduct enforcement to cover specialised financial institutions (SFIs), nanofinance operators, and asset management companies (AMCs) next quarter to improve financial service offerings.
KTC raises loan-loss buffer as 2020 looms
Business, Somruedi Banchongduang, Published on 03/12/2019
» Krungthai Card (KTC), an unsecured loan provider under Krungthai Bank, is poised to set aside higher loan-loss provisions next year as the economy will likely remain sluggish, a new financial reporting standard is implemented and business expands.
SCB counts on SME stimulus for loan surge
Business, Somruedi Banchongduang, Published on 23/07/2019
» Siam Commercial Bank (SCB) is hoping the government's economic stimulus packages will spur small and medium-sized enterprise (SME) loan demand in the second half this year after recording marginal growth in the first half as the economy sputtered.
KBank focuses on mortgages
Business, Somruedi Banchongduang, Published on 13/03/2019
» Kasikornbank (KBank), the country's second largest lender by assets, is focusing on mortgage refinancing as it aims to improve loan quality and tap new customers.
BBL to boost mobile capacity
Business, Somruedi Banchongduang, Published on 07/09/2018
» Bangkok Bank (BBL), the country's largest commercial bank by assets, plans to more than double transaction capacity on mobile phones during peak periods by year-end to keep pace with the digital uptick and comply with the Thai Bankers' Association (TBA) agreement.