Showing 51 - 60 of 689
Thai growth rate to take big hit from Russia-Ukraine war
Somruedi Banchongduang, Published on 25/03/2022
» Kasikorn Research Center (K-Research) has slashed its forecast for Thai economic growth this year to 2.5%, mainly as a result of the Russia-Ukraine war.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
Alpha X targets SET listing, loan growth
Business, Somruedi Banchongduang, Published on 03/03/2022
» Alpha X Ltd, a luxury car loan provider under SCB X, aims to grow its auto loan portfolio to 20 billion baht by 2025 and plans to list on the Stock Exchange of Thailand (SET) within five years.
Kubix debuts country's first project-based tokenisation
Business, Somruedi Banchongduang, Published on 23/02/2022
» Kubix Digital Asset Co Ltd, an initial coin offering (ICO) portal under Kasikornbank, is offering the country's first asset tokenisation service to a film production project with a total value of 265 million baht.
Top banks set lower NPL targets for 2022
Business, Somruedi Banchongduang, Published on 21/02/2022
» Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.
Krungsri prepares for pilot of retail CBDC
Business, Somruedi Banchongduang, Published on 11/02/2022
» Bank of Ayudhya, under the marketing name Krungsri, has been preparing to pilot the use of the retail central bank digital currency (CBDC) for the payment of goods and services this year, in line with the Bank of Thailand's strategy.
BoT licenses joint ventures to handle banks' bad debts
Business, Somruedi Banchongduang, Published on 28/01/2022
» The Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for the long term as the pandemic persists.
Digital bank statements get underway
Business, Somruedi Banchongduang, Published on 25/01/2022
» Banks launched a digital bank statement (dStatement) service on Monday to offer greater convenience to customers.
Higher prices won't affect the macro economy: BoT
Business, Somruedi Banchongduang, Published on 12/01/2022
» The Bank of Thailand is concerned with higher prices for living costs, but not in terms of overall price stability, says the central bank governor.
Blazing a new trail for SCB
News, Somruedi Banchongduang, Published on 12/01/2022
» Arthid Nanthawithaya, chief executive officer of Siam Commercial Bank (SCB), is steering the country's oldest bank on a new journey by going beyond the local traditional business frontier to become a regional financial tech conglomerate.