Showing 11 - 20 of 386
NPLs for pickup trucks rise sharply
Business, Somruedi Banchongduang, Published on 30/07/2024
» The National Credit Bureau (NCB) reported a 39% increase in bad debt for pickup truck loans in May.
Kiatnakin Phatra Research: Potential growth rate below 2%
Business, Somruedi Banchongduang, Published on 23/07/2024
» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.
Country's leading banks post mixed results for first half
Business, Somruedi Banchongduang, Published on 20/07/2024
» The big three banks reported mixed results for the first half of this year.
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
Government Pension Fund being more selective about investment
Business, Somruedi Banchongduang, Published on 16/07/2024
» The Government Pension Fund (GPF) has raised concerns about portfolio investments in consumer loan-related businesses due to heightened credit risk within the financial sector.
CIMBT sees series of policy rate cuts
Business, Somruedi Banchongduang, Published on 10/07/2024
» CIMB Thai Bank (CIMBT) forecasts that the Bank of Thailand is likely to significantly reduce its policy rate by one percentage point between December 2024 and next year, in line with an anticipated cut in the US policy rate.
BoT views household debt trend as easing
Business, Somruedi Banchongduang, Published on 06/07/2024
» The Bank of Thailand anticipates a further decline in the country's household debt-to-GDP ratio, supported by the Thai economic recovery and slower loan growth.
World Bank urges govt to invest in infrastructure, green economy
Somruedi Banchongduang, Published on 04/07/2024
» The World Bank has advised the Thai government to boost investment in reviving ageing infrastructure and strengthening the green economy, to help drive the country's economic potential beyond 2.7% growth in the medium term.
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.