Showing 51 - 60 of 1,654
SCB, Krungthai prepare for potential Italian-Thai loan losses
Business, Somruedi Banchongduang, Published on 10/04/2024
» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.
Krungsri bullish on SME loan growth
Business, Somruedi Banchongduang, Published on 05/04/2024
» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.
Ttb's digital platform pivotal to lifting fee income growth
Business, Somruedi Banchongduang, Published on 04/04/2024
» TMBThanachart Bank (ttb) is developing its digital banking platform to cater to commercial customers, with a keen focus on aggressively increasing fee income in this segment this year.
Loans for electric vehicles poised to expand
Business, Somruedi Banchongduang, Published on 02/04/2024
» Loans for electric vehicles (EVs) are expected to pace auto lending expansion this year as demand gently builds in the Thai market.
World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.
CIMBT intensifies drive to expand retail loan portfolio
Business, Somruedi Banchongduang, Published on 19/03/2024
» CIMB Thai Bank (CIMBT) is intensifying its efforts to expand its retail loan portfolio, with the aim of boosting returns in the business segment through both interest rate and fee-based income.
Thai banks make shift to transition finance
Business, Somruedi Banchongduang, Published on 16/03/2024
» Large local banks are moving forward with plans to introduce transition products in the third quarter of this year, in line with sustainable finance requirements set down by the Bank of Thailand.
TMBThanachart predicts limited growth in loans
Business, Somruedi Banchongduang, Published on 14/03/2024
» TMBThanachart Bank (ttb) is focusing on assisting retail customers with restructuring their debt this year rather than growing new loans.