Showing 51 - 60 of 95
BoT warns of high volatility for baht
Business, Somruedi Banchongduang, Published on 04/07/2018
» Bank of Thailand governor Veerathai Santiprabhob has warned that the baht's volatility will remain high in the foreseeable future, prompted by tightened monetary policy in advanced economies and tit-for-tat trade tariffs among economic behemoths.
Swiss bank wary of impact from Fed rate increases
Business, Somruedi Banchongduang, Published on 28/06/2018
» The US Federal Reserve's more hawkish monetary stance than originally expected could stall the global economic recovery and lead to higher volatility in money and capital markets around the world, warns Swiss private bank Lombard Odier.
Fee income faces hit, BoT official says
Business, Somruedi Banchongduang, Published on 15/05/2018
» Commercial banks' fee-based income from money transfer services, starting from this quarter, is expected to decline significantly after most waived digital banking transaction fees, says a senior official at the Bank of Thailand.
CIMBT eyes top tier AUM growth
Business, Somruedi Banchongduang, Published on 09/05/2018
» CIMB Thai Bank (CIMBT) aims to be a top-tier private banking provider in a few years after securing a substantial slice of assets under management (AUM) following last year's launch in the segment.
KBank plans mini-branches at Banana IT
Business, Somruedi Banchongduang, Published on 08/05/2018
» Kasikornbank (KBank) has partnered with SET-listed Com7, a distributor of peripheral computer devices, to set up mini-branches in Banana IT shops.
BAY brushes off fee income loss
Business, Somruedi Banchongduang, Published on 27/04/2018
» SET-listed Bank of Ayudhya (BAY), the country's fifth-largest lender by assets, forecasts that scrapping fees for digital banking transactions will wipe out a mere 2-3% of non-interest income this year.
The dawn of digital banking
Spectrum, Somruedi Banchongduang, Published on 22/04/2018
» When out at any shopping mall, it's common for consumers to use anything from credit cards to e-wallets when making purchases nowadays. But when it comes to traditional markets, or talat nat, found faraway from these commercial venues, it's only been recently that one can catch sight of these types of transactions taking place.
Boonterm unfazed by no fees
Business, Somruedi Banchongduang, Published on 16/04/2018
» MAI-listed Forth Smart Service Plc (FSMART), the country's largest top-up machine provider under the Boonterm brand, has moved to ease concerns over banks' no-fee digital transactions, saying almost all Boonterm customers are unbanked.
Scrapped digital fees to hit banking income
Business, Somruedi Banchongduang, Published on 30/03/2018
» Four large banks and a few smaller ones deciding to eliminate fees for digital banking transactions will deal a blow to the industry's fee-based income, which contributes a big portion, says the chief of the Thai Bankers' Association (TBA).
BAY fans out with digital outposts
Business, Somruedi Banchongduang, Published on 02/02/2018
» Bank of Ayudhya (BAY) aims to transform half of its traditional branches into digital outposts over the next three years, mirroring similar announcements by its competitors.