Showing 111 - 120 of 203
LH Bank to double assets
Business, Somruedi Banchongduang, Published on 22/05/2017
» Land and Houses Bank (LH Bank) aims to double its asset size by 2020 following a tie-up between its holding parent Land and Houses Financial Group (LHFG) and Taiwan's CTBC Bank in a deal worth 16.6 billion baht.
Standardised QR code imminent
Business, Somruedi Banchongduang, Published on 10/05/2017
» Three international payment network providers plan to roll out a standardised QR code in Thailand, ending the confusion and annoyance for consumers having to scan different QR codes for payments to different networks.
Banks' loan-loss buffers spook investors
Business, Somruedi Banchongduang, Published on 28/04/2017
» Two big banks will set aside large loan-loss buffers this year following a rise in bad loans, prompting investor concern over their earnings prospects.
KBank eyes EDC payment expansion
Business, Somruedi Banchongduang, Published on 24/04/2017
» Payments through electronic data captures (EDCs) of both the banking industry and Kasikornbank (KBank) are set to see double-digit growth in the wake of the government's national e-payment scheme.
Cigna angles for 15% growth
Business, Somruedi Banchongduang, Published on 07/04/2017
» Cigna Thailand, a health insurance company, has set an aggressive premium growth target of 15% this year on the back of strong consumer demand for healthcare benefit protection, and its booming digital channel.
Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
Thanachart Next launched
Business, Somruedi Banchongduang, Published on 08/03/2017
» Thanachart Bank (TBank) has introduced a new branch model as a first step towards digital banking.
Superrich digitising with fintech company
Business, Somruedi Banchongduang, Published on 27/02/2017
» Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.
Fairfax Financial keyed up by shareholder rule change
Business, Somruedi Banchongduang, Published on 23/02/2017
» Canada-based Fairfax Financial Holdings Ltd, a major shareholder of Falcon Insurance Plc, is exploring additional investment opportunities in Thailand after the government removed a 50% foreign shareholding restriction for local insurance companies.
Despite NPLs, KBank likes SMEs
Business, Somruedi Banchongduang, Published on 18/02/2017
» Even though small and medium-sized enterprise (SME) loans have the highest failure rate for Kasikornbank (KBank), the bank will continue to focus on the segment because it offers a higher yield than other types of loans.