Showing 1 - 10 of 30
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.
Interest rates nudge banks to record varied results
Business, Somruedi Banchongduang, Published on 22/01/2026
» Large local banks posted mixed operating results in 2025, attributed to a decrease in interest income as rates declined, as well as heightened uncertainties.
The lowdown on net errors and omissions
Business, Somruedi Banchongduang, Published on 27/09/2025
» The baht has continuously appreciated this year, with the Bank of Thailand attributing it primarily to a weaker dollar. Greater clarity in domestic politics lifted investor confidence, and Thailand's gold trade further supported the currency.
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.
KBank touts shift towards riskier investments
Somruedi Banchongduang, Published on 02/10/2024
» Kasikornbank (KBank) is encouraging its high net worth depositors to shift towards portfolio investments in pursuit of better returns as interest rates begin a downward cycle.
HSBC posts record pre-tax profit in 2023
Business, Somruedi Banchongduang, Published on 22/02/2024
» HSBC Holdings reported a record annual pre-tax profit for 2023 thanks to higher global interest rates, despite the US$3 billion hit on its stake in China's Bank of Communications.
In shift to commercial bank, Thai Credit Retail Bank sets IPO plan
Business, Somruedi Banchongduang, Published on 01/09/2023
» Thai Credit Retail Bank (TCRB) has become a commercial bank, allowing it to offer a full range of financial services.
Tech investors wary amid volatile market
Business, Somruedi Banchongduang, Published on 25/07/2022
» While digital assets are still on the radar of local banks seeking long-term growth opportunities, they plan to be more cautious when investing in them amid a volatile market, say banking chiefs.
Banking sector's profits gain on higher interest income
Business, Somruedi Banchongduang, Published on 23/07/2022
» The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.
Banks post improved profits last year
Business, Somruedi Banchongduang, Published on 22/01/2022
» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.