Showing 61 - 70 of 689
SCB preps with long-term debt rejig
Business, Somruedi Banchongduang, Published on 05/01/2022
» Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank's requirement.
SCB shoots for 20% return on equity
Business, Somruedi Banchongduang, Published on 24/12/2021
» Siam Commercial Bank (SCB) aims to increase return on equity (ROE) to 20% in five years as part of the bank's ongoing restructuring.
BoT concern over use of digital assets to make payments
Business, Somruedi Banchongduang, Published on 08/12/2021
» The Bank of Thailand is concerned about the use of digital assets to pay for goods and services because of their price volatility.
Heng considers expansion plans after SET listing
Business, Somruedi Banchongduang, Published on 20/11/2021
» Consumer loan provider Heng Leasing and Capital Plc (Heng) will expand its business through an inorganic growth strategy, the company's chief executive Sutharntip Phisitbuntoon said in an exclusive interview with the Bangkok Post.
Krungsri Consumer open to future cryptocurrency use
Business, Somruedi Banchongduang, Published on 13/11/2021
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (BAY), under the marketing brand of Krungsri, is open to the future use of cryptocurrencies and other forms of digital currencies via credit card spending, in line with the digital age.
Central bank unfazed by headline inflation
Business, Somruedi Banchongduang, Published on 11/11/2021
» The Bank of Thailand (BoT) expects high headline inflation to be short term and will not pressure monetary policy and the economic recovery.
Foreign speculators pressure baht
Business, Somruedi Banchongduang, Published on 21/10/2021
» Foreign investors have been heavily speculating on the baht as Thailand's twin deficits this year have pressured the local currency to weaken.
Heng Leasing prepares IPO share price of B1.95
Business, Somruedi Banchongduang, Published on 06/10/2021
» Heng Leasing and Capital Plc, a consumer loan firm, has set an initial public offering (IPO) share price of 1.95 baht, aiming to raise more than 1.56 billion baht for business expansion the next few years.
SCB sets out ambitious growth plans
Business, Somruedi Banchongduang, Published on 24/09/2021
» Siam Commercial Bank (SCB) aims to become a major digital platform service provider under its planned new parent, SCB X, as well as a regional financial tech conglomerate by 2025, with a goal of 200 million customers.
SCB Abacus growth lures tech investors
Business, Somruedi Banchongduang, Published on 17/09/2021
» SCB Abacus, an alternative digital lending platform under Siam Commercial Bank, has raised US$12 million (396 million baht) in a Series A funding round and targets digital loan growth of 10 times this year.