Showing 1 - 10 of 3,272
Central bank head decries influx of Chinese goods
Business, Somruedi Banchongduang, Published on 04/12/2024
» The influx of Chinese goods has significantly affected Thailand's manufacturing growth and constrained loan expansion in the banking sector, says the Bank of Thailand's chief.
SCB welcomes digital transformation
Business, Somruedi Banchongduang, Published on 03/12/2024
» Siam Commercial Bank (SCB) is revamping its core banking system, aiming to enhance its digital banking services and address rising competition from virtual banks.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
SCB sees modest loan growth
Business, Somruedi Banchongduang, Published on 29/11/2024
» Siam Commercial Bank (SCB) expects modest loan growth to continue in 2025, despite a slower economy and increased challenges arising from both external and internal factors.
Tariffs ‘could affect 25% of Thai exports to US’
Somruedi Banchongduang, Published on 22/11/2024
» Thai exports to the United States are expected to be the most seriously affected in Southeast Asia based on potential US tariff increases, as Thailand has a significant share of trade with the US, according to ttb analytics.
Bad loan surge hits Thai households
Published on 21/11/2024
» Household non-performing loans (NPLs) reached 1.2 trillion baht in the third quarter of this year, a 14% year-on-year increase, and concerns are also growing over the bad debts of small businesses, which rose 20%.
CIMB Thai Auto upbeat on used cars
Published on 20/11/2024
» CIMB Thai Auto Co, a subsidiary of CIMB Thai Bank (CIMBT) specialising in used car loans, expects a market recovery next year supported by the gradual economic revival and lower interest rates.
Krungsri set to reach portfolio target early
Business, Somruedi Banchongduang, Published on 19/11/2024
» Bank of Ayudhya (Krungsri) expects to be able to achieve its social and sustainable finance (SSF) portfolio target of 100 billion baht ahead of schedule, driven by strong demand for these kinds of financial services.
BAM wants to be careful with bad asset purchases
Business, Somruedi Banchongduang, Published on 16/11/2024
» SET-listed Bangkok Commercial Asset Management (BAM) expects non-performing loans (NPLs) in the banking sector to increase next year, though the company will remain cautious with bad debt purchases given ongoing economic uncertainties.
Ttb predicts auto loan customers' demand for interest waiver
Business, Somruedi Banchongduang, Published on 14/11/2024
» TMBThanachart Bank (ttb) expects roughly 50,000 auto loan customers to apply for the planned interest payment suspension scheme to ease their debt burdens.