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Search Result for “expansion plan”

Showing 121 - 130 of 203

BUSINESS

KBank eyes B1.5bn in Cambodian loans

Business, Somruedi Banchongduang, Published on 09/02/2017

» Kasikornbank (KBank), Thailand's fourth-largest lender by assets, aims to lend 1.5 billion baht this year to corporate customers who invest in Cambodia after officially launching a full-service branch in the country.

BUSINESS

BAY sets out to reach top banking tier

Business, Somruedi Banchongduang, Published on 01/02/2017

» Bank of Ayudhya (BAY), the country's fifth-largest lender by assets, aims for 5% growth in non-interest income this year as part of an ambitious effort to keep pace with its larger peers.

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BUSINESS

TMB Q4 profit plummets

Business, Somruedi Banchongduang, Published on 18/01/2017

» TMB Bank (TMB), the country's seventh-largest lender by assets, saw its unaudited fourth-quarter net profit fall by 18.4% year-on-year as higher impairment costs hit its bottom line.

BUSINESS

UOB banks on Thai SME digitisation

Business, Somruedi Banchongduang, Published on 26/12/2016

» United Overseas Bank (Thai) UOB (Thai) is hopeful the digitisation of its small and medium-sized enterprise (SME) business will contribute to its growth.

BUSINESS

Krungsri Auto projects 6% increase in new loans

Business, Somruedi Banchongduang, Published on 15/12/2016

» Krungsri Auto, the auto lending unit of Bank of Ayudhya (BAY), expects new auto loans this year to rise by 6% or an additional 133 billion baht, outpacing the country's new-car sales.

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BUSINESS

ADB sees 3.2% GDP lift

Business, Somruedi Banchongduang, Published on 28/09/2016

» Asian Development Bank (ADB) is the latest institution to raise Thailand's economic growth forecast to 3.2% this year, following stronger-than-expected growth in the first half.

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BUSINESS

TBank eyes commercial car loans as sales recover

Business, Somruedi Banchongduang, Published on 10/09/2016

» Thanachart Bank (TBank), the country's sixth largest lender by assets, will focus on commercial car loans to seize opportunities from the expected recovery in domestic car sales next year.

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BUSINESS

Scotiabank shelves TBank divestment

Business, Somruedi Banchongduang, Published on 07/09/2016

» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

BUSINESS

Thaisri shifts to non-motor sector after internal revamp

Business, Somruedi Banchongduang, Published on 25/08/2016

» Thaisri Insurance will focus on insurance other than for automobiles under a business plan set up after Germany-based ERGO Group Ag's recent acquisition of a 40.26% stake in the insurer.

BUSINESS

ICBC arm bets on China boost

Business, Somruedi Banchongduang, Published on 15/08/2016

» ICBC (Thai) Plc has set an ambitious goal to increase assets in the wake of China's strong demand for outbound investment in Thailand.