Showing 1 - 6 of 6
SCB launches AI banking service
Business, Somruedi Banchongduang, Published on 18/05/2024
» Siam Commercial Bank (SCB) has introduced banking services equipped with artificial intelligence (AI), aimed at expanding digital loans while improving control over non-performing loans.
Credit card default risks surge in first quarter
Business, Somruedi Banchongduang, Published on 09/05/2024
» The risk of default on credit card loans rose significantly in the first quarter this year, driven by the central bank's mandate for a higher minimum payment rate.
Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
Bank profits underwhelm in Q1
Business, Somruedi Banchongduang, Published on 23/04/2024
» Commercial banks booked marginal profit growth in the first quarter of this year, largely influenced by the decreased profitability of small to mid-sized banks thanks to higher provision for loan loss reserves.
Tisco sees high-yield lending strategy spurring NPLs
Business, Somruedi Banchongduang, Published on 23/04/2024
» Tisco Bank expects its non-performing loans (NPLs) to rise this year as the bank focuses on high-yield loans in an effort to enhance returns.
Thai banks eye regional expansion
Business, Somruedi Banchongduang, Published on 16/04/2024
» Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.