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Search Result for “stake”

Showing 1 - 10 of 65

BUSINESS

Gulf opts to maintain KBank shareholding at 10% cap

Business, Somruedi Banchongduang, Published on 17/04/2026

» Gulf Development Plc has no plans to increase its shareholding in Kasikornbank (KBank) beyond 10%, partly due to additional regulatory requirements.

BUSINESS

Virtual banks taking shape

Business, Somruedi Banchongduang, Published on 16/04/2026

» Two virtual banks, Bank X and Clicx Bank, are pursuing similar strategies in the retail and food ecosystem, focusing on underserved customer segments as a key growth driver for their virtual banking businesses.

BUSINESS

Bank of Thailand to monitor KBank after Gulf purchase

Business, Somruedi Banchongduang, Published on 18/02/2026

» The Bank of Thailand is monitoring the increased shareholding in Kasikornbank (KBank) of 10% by Gulf Development Plc, saying KBank will be placed under intensified supervisory oversight.

BUSINESS

SCB X plans to harness AI for virtual bank

Business, Somruedi Banchongduang, Published on 29/07/2025

» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.

BUSINESS

Bangkok Bank targets investment options in Indonesia

Business, Somruedi Banchongduang, Published on 02/07/2025

» Bangkok Bank (BBL) sees significant business opportunities in Indonesia over the next two decades and says it is committed to supporting Thai businesses expanding into the country.

BUSINESS

KBank reports every loan segment stalls in first 5 months

Business, Somruedi Banchongduang, Published on 29/05/2025

» Kasikornbank (KBank) has reported loan growth slowed during the first five months of this year, with all loan segments affected by sluggish economic conditions and uncertainty surrounding US tariff hikes.

BUSINESS

US tariffs force ttb to conduct stress tests

Business, Somruedi Banchongduang, Published on 23/04/2025

» TMBThanachart Bank (ttb) has initiated stress tests to gauge the risks and potential impacts of US tariffs on Thai exports.

BUSINESS

Virtual banks to be announced in June

Business, Somruedi Banchongduang, Published on 18/04/2025

» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.

BUSINESS

SCB X in search of higher profits via wealthier customers

Business, Somruedi Banchongduang, Published on 14/04/2025

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), is entering its third year of operations in 2025.

BUSINESS

BBL seeks to grow Indian base across the region

Business, Somruedi Banchongduang, Published on 02/11/2024

» Bangkok Bank (BBL) wants to expand its Indian customer base across both Thailand and its Southeast Asia network to tap rising outbound investments from India.