Showing 1 - 7 of 7
Asian shares rise as Chinese sell-off eases
Business, Nuntawun Polkuamdee, Published on 06/09/2025
» RECAP: Asian markets mostly gained on Friday after an intense sell-off of Chinese equities eased, amid reports the country's financial regulators could intervene to slow the dumping. A Wall Street stock rally also lifted sentiment.
Banks participate in $5m DeFi fundraising
Business, Nuntawun Polkuamdee, Published on 13/09/2022
» The venture capital (VC) arms of Kasikornbank (KBank) and Bank of Ayudhya (BAY) have participated in a US$5-million (about 160 million baht) fundraising to support decentralised finance (DeFi).
Bank shares fall as debt fears prompt downgrades
Business, Nuntawun Polkuamdee, Published on 23/03/2022
» Banking and finance stocks slid after S&P Global Ratings downgraded the credit ratings of four Thai banks on concerns over high household debt.
Zipmex lures new investors
Business, Nuntawun Polkuamdee, Published on 01/09/2021
» Zipmex, a Singapore-based digital assets exchange, has successfully raised US$41 million in a Series B funding round with participation from Krungsri Finnovate, a subsidiary of Bank of Ayudhya (BAY), Thailand's fifth largest bank, and major multimedia companies Plan B Media and Master Ad.
MUFG to use BAY as model for Southeast Asia
Business, Nuntawun Polkuamdee, Published on 04/11/2019
» Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial institution, plans to expand its footprint in Southeast Asia through local entities in which it has a major stake in a bid to increase the group's banking business network and net profit from financial service operations.
BAY seeks M&A jolt to investment banking
Business, Nuntawun Polkuamdee, Published on 22/11/2018
» Bank of Ayudhya (BAY) aims for a 25-30% increase in revenue from investment banking business next year.
KSAM targets 13% growth of AUM to keep position
Business, Nuntawun Polkuamdee, Published on 22/02/2018
» Krungsri Asset Management (KSAM) targets increasing its assets under management (AUM) by 13% this year, aiming to retain its top five position in the mutual fund industry.