Showing 1 - 10 of 51
Baht tipped to slide as US Fed delays rate cuts
News, Somruedi Banchongduang, Published on 12/04/2024
» The baht is poised to experience significant pressure, potentially reaching 37 baht per United States dollar next week, as a result of better-than-expected economic data from the US coupled with the US Federal Reserve's decision to hold off on interest rate cuts.
Ttb set to roll out nanofinance service in April
Business, Somruedi Banchongduang, Published on 28/03/2024
» TMBThanachart Bank (ttb) is scheduled to introduce a nanofinance service next month, employing a risk-based pricing (RBP) approach in preparation for the central bank's new lending model.
BoT issues warning over volatility in bond, capital markets
Business, Somruedi Banchongduang, Published on 26/07/2023
» The Bank of Thailand has raised concerns over the Thai capital and bond markets, given domestic political uncertainty and default risks pertaining to corporate debentures.
BoT touts persistent debt scheme
Business, Somruedi Banchongduang, Published on 22/07/2023
» The Bank of Thailand is encouraging 500,000 borrowers to apply for its persistent debt programme to benefit from lower interest rates and exit earlier from the debt cycle.
Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
Ttb eyes transition to cashless branches
Business, Somruedi Banchongduang, Published on 16/03/2023
» TMBThanachart Bank (ttb) plans to transition some of its traditional branches to paperless and cashless outlets in an effort to increase its digital banking user base by 30% this year.
KBank aims to augment digital loans
Business, Somruedi Banchongduang, Published on 07/02/2023
» Kasikornbank (KBank) plans to expand its digital lending this year with stronger control of loan quality, while also growing its mobile banking user numbers.
Bank of Thailand continues push for digital currency
Business, Somruedi Banchongduang, Published on 29/10/2022
» The Bank of Thailand (BoT) plans to take more time to develop its retail central bank digital currency (CBDC) to ensure it offers additional benefits to the financial system with good risk management.
TTB Consumer targets top four ranking by 2025
Business, Somruedi Banchongduang, Published on 26/08/2022
» TTB Consumer, an unsecured loan business under TMBThanachart Bank (ttb), has set an ambitious goal to reach the top four in Thailand in three years.
Tourist surge to propel economy in 2nd half
Business, Somruedi Banchongduang, Published on 28/07/2022
» The Thai economy will continue to recover in the second half of this year, supported by all the indicators including private consumption and foreign tourist arrivals, says a Bank of Thailand executive.