Showing 1 - 10 of 20
Gulf quashes KBank takeover rumour as stake increases
Business, Somruedi Banchongduang, Published on 26/04/2024
» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
Banking on responsible lending
Business, Somruedi Banchongduang, Published on 18/11/2023
» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.
SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
Global financial markets face more uncertainties in 2023
Business, Somruedi Banchongduang, Published on 17/12/2022
» Financial markets worldwide face higher uncertainties next year because of the tight monetary policies of key central banks and decelerating global economic growth in 2023, says Bank of Thailand governor Sethaput Suthiwartnarueput.
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
Silver lining in the debt deluge
Business, Somruedi Banchongduang, Published on 19/02/2022
» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.