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BUSINESS

SCB X focuses on tech as conflict drives up costs

Business, Somruedi Banchongduang, Published on 18/04/2026

» SCB X, the financial technology group and holding company of Siam Commercial Bank (SCB), has locked in low-cost technology investments ahead of a broader rise in expenses driven by the ongoing conflict in the Middle East.

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

KKP keen on 'mass affluent' segment

Business, Somruedi Banchongduang, Published on 07/04/2026

» Kiatnakin Phatra Financial Group (KKP) plans to expand assets under management (AUM) among its "mass affluent" customers as this segment is becoming an increasingly significant proportion of its client base.

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

SCB X assists customers troubled by the war

Business, Somruedi Banchongduang, Published on 01/04/2026

» SCB X, a technology conglomerate and the holding company of Siam Commercial Bank (SCB), has extended assistance to customers affected by the war, with targeted measures initially focused on the tourism and export sectors.

BUSINESS

Kiatnakin Phatra Financial Group plans to expand EV loan portfolio

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

» Kiatnakin Phatra Bank, a subsidiary of Kiatnakin Phatra Financial Group (KKP), wants to grow its electric vehicle (EV) loan portfolio this year, following strong adoption of EVs in the Thai market.

BUSINESS

Thailand's major banks target modest loan growth in 2026

Business, Somruedi Banchongduang, Published on 10/02/2026

» Major domestic banks have set modest loan growth targets for 2026 in line with the slower pace of the Thai economy, while maintaining a selective approach to new lending.

BUSINESS

Banker slams parties' household debt vows

Business, Somruedi Banchongduang, Published on 09/02/2026

» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.

BUSINESS

World Bank calls for rejig of growth model

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand should use the global spotlight from hosting the IMF-World Bank Annual Meetings in October this year to reposition its economic growth model, according to a senior World Bank official.

BUSINESS

Listed bank profits edge up in 2025

Business, Somruedi Banchongduang, Published on 23/01/2026

» The banking sector reported marginal net profit growth of 3.6% in 2025, with large banks posting weaker profitability while small lenders delivered strong earnings growth.