Showing 41 - 50 of 1,402
Listed banks post 13% Q1 profit hike
Business, Somruedi Banchongduang, Published on 22/04/2023
» Net profit for the banking industry grew 13% in the first quarter thanks to improving business operations, despite setting higher loan-loss provisions amid global economic risks.
StanChart sees more stability post-election
Business, Somruedi Banchongduang, Published on 21/04/2023
» Standard Chartered Bank (Thai) expects the new administration is likely to have greater stability and unity than the current government thanks to a stronger political base.
Loan demand unfazed by rising interest rates
Business, Somruedi Banchongduang, Published on 19/04/2023
» Rising interest rates have not yet affected domestic loan demand despite corporate loans slowing because of the global economic outlook, according to the Bank of Thailand.
Listed banks post flat loan growth
Business, Somruedi Banchongduang, Published on 15/04/2023
» The banking sector is expected to post marginal loan growth in the first quarter this year, attributed to sluggish demand caused by the global economic slowdown and Thailand's uneven economic recovery.
BoT to aid new government on economic policies
News, Somruedi Banchongduang, Published on 13/04/2023
» The Bank of Thailand (BoT) will work with the new government on coordinating fiscal and monetary policies to boost the economy after the Finance Ministry and central bank reduced economic stimulus measures amid signs of recovery.
BoT stresses post-election policy coordination
Somruedi Banchongduang, Published on 12/04/2023
» The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down.
Banks hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.
Using digital tech, SCB X eyes virtual bank licence
Business, Somruedi Banchongduang, Published on 08/04/2023
» SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.
KTB targets virtual banking, wealth tech
Business, Somruedi Banchongduang, Published on 05/04/2023
» Krungthai Bank (KTB) is gearing up for S-curve growth in the virtual banking and wealth tech sectors over the next five years.
Building a digital bank with a human touch
Business, Somruedi Banchongduang, Published on 01/04/2023
» Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".