Showing 1 - 10 of 28
SCB X, KakaoBank keen on virtual banking
Business, Somruedi Banchongduang, Published on 19/06/2023
» SCB X Plc is teaming up with KakaoBank to set up a consortium to apply for a virtual bank licence from the Bank of Thailand.
SCB X and KakaoBank eye virtual banking
Somruedi Banchongduang, Published on 16/06/2023
» SCB X Plc is teaming up with KakaoBank of South Korea to set up a consortium to apply for a virtual bank licence from the Bank of Thailand.
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
UOBT prepares car title loan service for next year
Business, Somruedi Banchongduang, Published on 20/12/2022
» United Overseas Bank (Thai) or UOBT plans to formally offer a car title loan service next year as part of its business expansion.
SCB X allocates $50m for Indonesia's BJJ
Business, Somruedi Banchongduang, Published on 21/09/2022
» SCB X, a holding company of Siam Commercial Bank and SCB X Group, has invested US$50 million via an indirect investment in Indonesia-based Bank Jasa Jakarta (BJJ) through WeLab Sky as part of SCB X's strategy to become a regional financial technology group.
Digital lending pays off for banks as platforms expand rapidly
Business, Somruedi Banchongduang, Published on 20/07/2022
» Digital lending platforms run by the large commercial banking groups Kasikornbank (KBank) and SCB X are posting strong growth, in line with changing consumer behaviour in the digital era.
Ambitious JK AMC targets pole position
Business, Somruedi Banchongduang, Published on 30/06/2022
» JK Asset Management (JK AMC), a joint venture forged by Kasikornbank (KBank) and JMT Network Services, has set an ambitious goal to become the country's No.1 asset management company, with bad assets of 100 billion baht under its management by 2025.
KBank seeks stake in Indonesia's PT Bank Maspion
Business, Somruedi Banchongduang, Published on 31/05/2022
» Kasikornbank (KBank) is to buy a major stake in Indonesia-based PT Bank Maspion Indonesia Tbk to strengthen its regional banking business.
UOB buys four Citibank retail arms
Business, Somruedi Banchongduang, Published on 15/01/2022
» Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank's retail arms in four Asean markets, says an executive.
Krungsri burgeoning beyond borders
Business, Somruedi Banchongduang, Published on 06/01/2022
» Krungsri, the marketing name of Bank of Ayudhya Plc (BAY), positions itself as a regional bank under its medium-term business plan.