Showing 31 - 36 of 36
SCB, BAY post healthy growth
Business, Somruedi Banchongduang, Published on 19/10/2019
» Siam Commercial Bank (SCB) delivered a 40.8% year-on-year increase in its consolidated unreviewed net profit for the three months through September, thanks to a one-off gain from selling SCB Life Assurance, while Bank of Ayudhya (BAY) saw its quarterly operating profit rise 5.8% from a year earlier.
BoT blames easy loans for household debt woes
Business, Somruedi Banchongduang, Published on 17/09/2019
» Zero-interest unsecured loans and online shopping are blamed for the country's swelling household debt, says the Bank of Thailand's chief.
BoT requiring SFIs to apply new caps
Business, Somruedi Banchongduang, Published on 06/09/2019
» The Bank of Thailand is requiring four specialised financial institutions (SFIs) to apply a cap on the single lending limit (SLL) of 15% of capital funds, while two other SFIs have a cap of 25%, effective from Oct 1.
Bank of Thailand mulls relaxing LTV rule
Business, Somruedi Banchongduang, Published on 15/08/2019
» The Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers.
SCB Life Assurance stake sold in deal worth B92.7bn
Business, Somruedi Banchongduang, Published on 07/08/2019
» Siam Commercial Bank (SCB) will gradually realise income over 15 years from selling the majority stake in subsidiary SCB Life Assurance, plus a 15-year bancassurance agreement, worth 92.7 billion baht, its chief says.
BoT, bank association to sign pact on responsible lending
Business, Somruedi Banchongduang, Published on 06/08/2019
» The Bank of Thailand and the Thai Bankers' Association plan to sign an agreement on five directives for responsible lending, including debt-service ratio (DSR), to take effect from next January.