Showing 41 - 50 of 98
SMEs receive aid scheme of B280bn
Business, Published on 09/01/2020
» Commercial banks are expected to offer combined loans worth 100 billion baht, while the state-owned Thai Credit Guarantee Corporation (TCG) is projected to help small and medium-sized enterprises (SMEs) tap credit facilities worth 180 billion baht under the government's latest relief package.
Ministry seeks nod for SME aid deal
Business, Published on 24/12/2019
» The Finance Ministry is poised to propose to the cabinet an assistance package for small and medium-sized enterprises (SMEs) and credit cardholders early next year as part of its effort to keep a lid on bad loans and help ease the liquidity squeeze.
SCB, GSB out in front with rate easing
Business, Published on 08/11/2019
» Siam Commercial Bank (SCB) and Government Savings Bank (GSB) have taken the lead in passing on the central bank's rate cut to customers, putting pressure on the lenders' profits.
GSB, SCB pass on rate cuts to customers
Published on 07/11/2019
» Government Savings Bank (GSB) and Siam Commercial Bank (SCB) have taken the lead in passing on the central bank's rate cut to customers.
FPO says household debt level not yet worrisome
Business, Published on 05/09/2019
» The Fiscal Policy Office (FPO) has rushed to soothe jitters, saying Thailand's household debt, which reached the highest level since the first quarter of 2017, is not worrisome yet as most of the leverage is backed by collateral.
BoT holds off on DSR standard plan
Business, Published on 30/08/2019
» The Bank of Thailand has delayed implementing a standardised debt-service ratio (DSR) calculation from the final quarter of this year, hoping to help low-income earners access loans from financial institutions amid the sluggish economy.
TMB-TBank merger largest deal in banking
Business, Published on 10/08/2019
» The merger between TMB Bank and Thanachart Bank (TBank) is set to mark the Thai banking industry's largest merger and acquisition deal, with considerations worth 156 billion baht.
TMB-Thanachart Bank's shareholding takes shape
Business, Published on 08/08/2019
» Dutch bank ING, Thanachart Capital (TCAP) and the Finance Ministry are expected to hold stakes of 21%, 20% and 18%, respectively, in the new bank born from the consolidation of TMB Bank and Thanachart Bank (TBank), say two sources familiar with the matter.
TBank union seeks higher severance payments
Business, Published on 20/07/2019
» Thanachart Bank's labour union expects 4,000-5,000 jobs to be cut after TBank consolidates with TMB Bank, and union leaders are calling for both banks to offer higher severance payments than are legally required for those to be laid off.
Revenue Department tweaks rule with opt-out
Business, Published on 24/04/2019
» The Revenue Department will adjust its disclosure requirement by asking depositors who do not want their interest income information to be submitted to the department to declare their intention to banks.