Showing 41 - 50 of 95
BoT, TBA up transfer cap
Business, Somruedi Banchongduang, Published on 27/09/2018
» The Bank of Thailand and the Thai Bankers' Association (TBA) have agreed to raise the ceiling on fund transfer amounts to 700,000 baht per transaction via the online channel from the current 50,000 baht, starting Monday, in the latest attempt to prevent a repeat of a recent system outage.
SCB eyes B8bn in SME loan scheme
Business, Somruedi Banchongduang, Published on 19/09/2018
» Siam Commercial Bank (SCB) wants its small and medium-sized enterprise (SME) loans outstanding under the Thai Bankers' Association (TBA) single financial account scheme to reach 8 billion baht by year-end.
BBL to debut QR code payments for e-wallets
Business, Somruedi Banchongduang, Published on 18/09/2018
» Bangkok Bank (BBL), the country's largest lender by assets, is set to roll out cardless QR code technology on an e-wallet platform for users to make payments Thailand and abroad after the service exits the Bank of Thailand's regulatory sandbox, which is expected to happen next month.
Tri-party meets for system security agenda
Business, Somruedi Banchongduang, Published on 05/09/2018
» Tightening the existing practical guidelines for financial transaction executions is at the top of the agenda for today's tri-party meeting with the Bank of Thailand, aiming to prevent future system crashes and help restore consumer confidence in digital banking transactions.
Bankers chew over hiking PromptPay fee-waiver limit
Business, Somruedi Banchongduang, Published on 29/08/2018
» The Thai Bankers' Association (TBA) is still considering whether its members will raise the fee-waiver ceiling to 700,000 baht per transaction for those who transfer money through the PromptPay system, says a banking source.
KBank looks to break bond issuance record as rates rise
Business, Somruedi Banchongduang, Published on 27/08/2018
» Kasikornbank (KBank), the country's top bond underwriter, forecasts new corporate bond issuance to reach 850 billion baht, breaking the annual issuance record, as those with bonds due will roll over debt and prospective issuers will rush to lock in low rates after the central bank signalled that normalisation is around the corner.
The far corners of banking
Business, Somruedi Banchongduang, Published on 31/07/2018
» As the high-income market approaches saturation, Kasikornbank (KBank) is shifting its customer acquisition focus to the lower-income segment, where strong demand for financial services remains.
Most listed banks post higher Q2 profit
Business, Somruedi Banchongduang, Published on 21/07/2018
» Most of the 11 SET-listed banks managed to deliver a higher net profit in the second quarter, though the waiver of online transaction fees dealt a blow to fee and service income.
SCB takes Q2 profit hit on online transaction fee cut
Business, Somruedi Banchongduang, Published on 20/07/2018
» Siam Commercial Bank (SCB) posted a 6.7% lower net profit year-on-year for the second quarter as the waiver of online transaction fees took a bite out of its bottom line.
Banks feel dropped-fee pinch
Business, Somruedi Banchongduang, Published on 16/07/2018
» The banking industry is expected to announce 10% lower earnings for the second quarter than the previous quarter, mostly attributed to the decision to eliminate fees for digital transactions.